Source Pravda.Ru

Dollar sees largest increase over month and a half

The weighted average dollar rate rose RUR 0.04 to RUR 31.59 by the end of today's special trading session. This was the most significant rise since January 9, which was more than a month and a half ago. Experts from commercial banks explained that this noticeable increase in the dollar rate was due to sharply lower sales of dollars. A currency analyst who spoke to an RBC correspondent noted that sales of dollar reduced significantly, in the first place, due to lower sales of export currency revenues. The specialist noted that a comparatively insignificant trade volume on February 25, less than $102m, testified to this tendency. This trade volume was more than $400m less than at the previous unified trading session.

Comments
USA plays to pretend a mighty dragon that can no longer breathe fire
Argentina's coast guard sinks Chinese trawler
Brexit: The UK's misunderstanding of Democracy
USA plays to pretend a mighty dragon that can no longer breathe fire
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy
Presidential and midterm elections in the USA change the 'American project' entirely
Presidential and midterm elections in the USA change the 'American project' entirely
Presidential and midterm elections in the USA change the 'American project' entirely
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Malaysia complains of faulty Russian Sukhoi Su-30 fighter jets