Source Pravda.Ru

Dollar drops due to ruble deficit

The weighted average dollar exchange rate was RUR 31.71 in the first half of this morning's trading session, which was RUR 0.03 lower as compared to the previous closing. Banking experts linked this significant strengthening of the ruble rate at the UTS to a sharp deficit of ruble resources on the domestic market prior to the end of the month, when a ruble deficit is usually observed at Russian commercial banks. A currency analyst reported in an interview with RBC that one-day ruble credit rates were at 30 percent this morning against 25 percent yesterday evening. As a result, even the high on dollars does not surpass RUR 31.71.

Comments
Kremlin wants foreign invaders out of Syria
Amnesty International wants world leaders to ignore World Cup 2018 in Russia
Iran's next moves on nuclear deal much more important - Kremlin
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Iran's next moves on nuclear deal much more important - Kremlin
Donald Trump suddenly falls for glorious Russian tradition to hold military parades
Students of UC reinvent the consumption of legumes
Iran's next moves on nuclear deal much more important - Kremlin
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russia threatens to raise tariffs on US goods worth $538 million
Iran's next moves on nuclear deal much more important - Kremlin
Venezuela may expect another Panama scenario from 1989
Pentagon's goal in the Middle East is to trigger major war between Israel and Iran
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Foreign Ministry official explains why Russia had to sell Alaska to US
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'