Source Pravda.Ru

Demand for dollars rises as situation with ruble liquidity improves

The weighted-average exchange rate reached RUR31.54 per dollar at thebeginning of the morning trading session on the currency market on August14, the third business day of the week. Therefore, the exchange rate roseby RUR0.01 compared to the previous level, and the deals of the maximumvolume were made at RUR31.55 per dollar. Dealers link the weakening of the Russian national currency against the USdollar at the Unified Trading Session to a substantial improvement of thesituation with ruble liquidity. The elimination of the deficit of rubles onthe market took place last afternoon, when the interest rates for overnightcredits in rubles fell to 5%. The overnight credit rates have been a littlehigher this morning, reaching 6-7%. This has led to a significantintensification of dollar buys by banks. As a result, the trade volumeexceeded $50m just 20 minutes after the opening of the special tradingsession on Wednesday. As it was reported earlier, the total trade volumeamounted to less than $57m at the Unified Trading Session on Tuesday. .

Comments
Russia will not let NATO warships into Sea od Azov
The new war front of the confrontation between Russia and Ukraine
The new war front of the confrontation between Russia and Ukraine
The new war front of the confrontation between Russia and Ukraine
Saudi Arabia knows how to dismember journalists and get away with it
Deputy head of the Crimea arrested in Moscow
Russia will not be de-dollarized
Who killed Jamal Khashoggi?
Russia sees first mass school shooting organised by 18-year-old student
Saudi Arabia knows how to dismember journalists and get away with it
Saudi Arabia knows how to dismember journalists and get away with it
Saudi Arabia knows how to dismember journalists and get away with it
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Russia sees first mass school shooting organised by 18-year-old student
Russia sees first mass school shooting organised by 18-year-old student
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Russia sees first mass school shooting organised by 18-year-old student
Russia sees first mass school shooting organised by 18-year-old student
Russia sees first mass school shooting organised by 18-year-old student
Crimea terrorist attack: Young man shoots students, then blows up his bomb