Today's decline in the US dollar rate on the money market is brought aboutby currency interventions of the Central Bank of Russia on the interbankmarket. Under these conditions, the fluctuation of the dollar rate will bedetermined by the behavior of the Central Bank, ruble liquidity at banksand the sales volume of export revenues. In other words, if credit ratesstart going up this week, investments in foreign currency will beunprofitable, and dealers will have to considerably reduce long positionsin foreign currency, which has taken place more than once. This opinion wasvoiced by experts commenting on today's afternoon trade, in an interviewwith RBC.However, one can hardly believe even now that the Central Bank willtolerate a dollar rate decrease below 31.50 RUR/USD. The exchange rate ismost likely to fluctuate within 31.55-31.60 RUR/USD till the end of August,though one should not ignore the fact, confirmed at today's trade, thatdealers are disposed to a rate increase and are ready to buy dollars atabout RUR31.555-31.565. If the Central Bank stops currency interventions atthe level of 31.60-31.61 RUR/USD in the near future, traders will makeanother attempt for bullish speculation. .
In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.
On December 14, President Putin holds his annual Q&A session with Russian and foreign journalists. This conference is considered to be the beginning of his presidential campaign