Source Pravda.Ru

Central Bank does not hamper dollar rise

The Russian Central Bank conducted no currency interventions on the interbank market today, which means it did not restrain a rise in the dollar rate, several currency analysts noted in an interview with RBC. One of them stated that traders were making only tomorrow deals today due to a holiday in the USA.

Experts linked the non-interference policy of the Central Bank to the low activity of traders, which was reflected in a rather low trade volume. It hardly surpassed $17m as of 2:35 p.m. Analysts stressed that the favorable situation with ruble liquidity did not promote a higher activity of market participants.

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