Source Pravda.Ru

Dollar rate in retreat

The dollar exchange rate sank down by another RUR0.01. The tod dollar tradesession opened at RUR31.65, and dollar exchange rate quotes are so farstabilized at this level. The tom dollar exchange rate is currently atRUR31.653, while at the unified dollar trade session the dollar ratestopped at RUR31.63, and it is at that level that the weighted averagedollar rate was posted. On the whole, the trade is very calm, no aggressivedollar selling is currently observed, and the dollar exchange rate isprobably sinking amid correction after the growth observed in earlySeptember. One should not dismiss the possibility that banks traditionallyfear an increase in ruble credit rates during the tax collection period. .