Source Pravda.Ru

No Fall In Dollar Rate Expected Despite Ruble Deficit

The situation with a ruble deficit was aggravated on the Russian currency market this morning, banking specialists reported in an interview with RBC. One-day ruble credit rates rocketed to 25 or 28 per cent even in large banks and they reached no less than 30 per cent in medium-sized and small banks. In general, analysts are pessimistic about the possibility of the improvement of ruble liquidity of Russian commercial banks today. At the same time, they noted that a serious ruble deficit will not lead to a drop in the dollar exchange rate today. Specialists reported that an average-weighted dollar rate remained at the level of 29.9 rubles at the morning trade and even surpassed this level on the interbank market.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

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
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