Source Pravda.Ru

UTS trade volume unchanged

The average-weighted dollar exchange rate did not change at the morning session and remained on the 31.86 RUR/USD level today. Experts of commercial banks point to the fact that the trade volume of the last three special sessions, including today's, have been $133m. An expert of a commercial bank told RBC that he attributed this situation to the Central Bank's actions. According to the specialist, the Central Bank has acted at the UTS as a currency seller and buyer since December 5. So the Bank forms dollar rates that have not been changing in fact, and the trade volume, which has also remained the same. As a result the total volume of the UTS trade on December 5,6 and 9 has amounted to $400m.

© &to=http://www.rbc.com' target=_blank>RBC

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