Source Pravda.Ru

Dollar May Fluctuate Within 30.50-30.60-ruble Level For Some Time

According to experts, the dollar exchange rate will be fluctuating within the 30.50-30.60-ruble corridor for the next several days. Everything will depend on the Central Bank of Russia and how actively it will be keeping the dollar at this level. The only question now is how much the bank is interested in the dollar rate at the 30.40-30.70-ruble level, even though there are all grounds for a further dollar growth. Credit rates remain low on the interbank market since the beginning of this year, and there are quite a lot of ruble resources. Talking about the further course of trading on the unified trading system, experts said that the Central Bank seemed as if it didn't want to let the dollar rise above the mentioned corridor. However, it is still unclear, whether it will try to move the dollar up or not this week. If the US currency surpasses this level, the situation on the exchange market will change. On the other hand, operators don't seem to favor significant dollar changes now.