Source Pravda.Ru

Trade volume on interbank currency market rockets

Considerable activity by participants of this afternoon's trade on US currency has been registered. The amount of deals with settlements on Friday reached $157m on the interbank market by the close. Meanwhile, the trade volume of deals with settlements on December 2 amounted to $258m at 14:25. On the whole, the trade volume at the reported time was by more than four times larger than at today's special session on US currency.

As it was reported earlier, the trade volume at today's UTS was lower than $92m, which was less than at the previous special session on November 27. Dealers of commercial banks attribute this considerable difference in the trade volumes at the UTS and on the interbank market to the fact that commercial banks had to transfer ruble resources two days before today's UTS, in order to buy dollars there.