Source Pravda.Ru

Dollar rate sees fall at morning trade

The weighted average dollar exchange rate was at RUR 31.57 at the morningtrading session on the Russian currency market today, thus falling RUR 0.01as compared to the previous closing. Traders reported that even the high ondollars did not surpass RUR 31.58, the official exchange rate for today.Experts explained that the fall in the US currency rate was caused byworsened ruble liquidity at domestic banks. One-day ruble credit rates wentup to 6-8 percent this morning versus 1-2 percent in the evening on Friday,August 9..