Source Pravda.Ru

Fall in balances of correspondent accounts aggravates ruble deficit

The balances of correspondent accounts at Russian commercial banks wentdown this morning. They decreased by 2.6bn rubles (about $82m) in Russiaand 2bn rubles (about $63m) in the Moscow region.A fall in the balances of correspondent accounts continued for the secondday in a row. Over the past two days, the balances at correspondentaccounts dropped 6.4bn rubles ($203m) to less than 71bn rubles ($2.25bn) inRussia and 3.3bn rubles ($105m) to a little more than 38bn rubles ($1.2bn)in Moscow. These figures, which were the lowest over the past week, haveaggravated the ruble deficit on the Russian currency market. This, in turn,resulted in a noticeable fall in the dollar exchange rate at this morning'strading session as well as on the interbank market..

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

Putin made his first public comment on the subject of the recent decision of US President Donald Trump to recognise Jerusalem as the capital of Israel

Putin makes first comment on Trump's Jerusalem decision
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