Source Pravda.Ru

Central Bank hampers any changes in exchange rate

Experts commented on today's unified trading session in an interview with RBC and linked unchanged weighted average dollar rate to policies of the Central Bank. It hampered both a rise and a fall in the dollar rate. As a result, the dollar stayed at RUR 31.4 this morning.

Currency analysts noted that the Central Bank was obviously purchasing as well as selling dollars at today's trade. A rather high trade volume at the UTS - more than $91m - testifies to interventions conducted by the Central Bank. Specialists also reported that the range of fluctuations was very narrow today and the high and low on dollars were almost at the same level - RUR31.4.

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