Source Pravda.Ru

Dollar Rate Continues Surging On Russian Currency Market

The dollar exchange rate jumped on the Russian stock market in the afternoon today and reached a level of 29.7 rubles by 2 p.m. This is 0.11 rubles more than an official dollar exchange rate for this Friday and 0.07 rubles more than the official rate set for the next working day, Monday October 29. Banking experts who spoke to an RBC correspondent linked this upsurge to a drop in one-day ruble credit rates on the interbank market. They specified that ruble credit rates were at a level of about 3 or 5 per cent in the morning today and then plummeted to 1 per cent for large banks and 2 per cent for medium-sized and small banks. This situation is surprising, taking into account that the balance of correspondent accounts in the Moscow region remained almost unchanged. It amounted to 45bn rubles (about $1.52bn). Meanwhile, the Central Bank is not interfering into the course of currency trading, analysts stressed.

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
Comments
Pentagon can not accept Russia's victory over terrorists in Syria
Putin makes first comment on Trump's Jerusalem decision
Russian general says allegations of his involvement in MH17 crash are stupid
Viktor Yanukovych speaks about Maidan snipers and Donbas civil war
Viktor Yanukovych speaks about Maidan snipers and Donbas civil war
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
USA looking for reason to see nuclear weapons in action
USA looking for reason to see nuclear weapons in action
USA looking for reason to see nuclear weapons in action
Russian general says allegations of his involvement in MH17 crash are stupid
Russian general says allegations of his involvement in MH17 crash are stupid
Pentagon can not accept Russia's victory over terrorists in Syria
Human Rights Day: Let us hang our heads in shame
USA looking for reason to see nuclear weapons in action
USA looking for reason to see nuclear weapons in action
Israel refuses to recognise Crimea part of Ukraine
Russian general says allegations of his involvement in MH17 crash are stupid
USA looking for reason to see nuclear weapons in action
USA looking for reason to see nuclear weapons in action
USA looking for reason to see nuclear weapons in action
USA looking for reason to see nuclear weapons in action