After the first hour and a half of trade at today's special session on tomorrow deals, the weighted average dollar exchange rate amounted to 28.77 RUR/USD
Published:
5 November 2004 y., Friday
After the first hour and a half of trade at today's special session on tomorrow deals, the weighted average dollar exchange rate amounted to 28.77 RUR/USD. As such, the official dollar exchange rate for November 5 has lost RUR0.01. Amid an enormous trade volume that reached $1.771bn at the UTS as of 11:30 a.m., the spread on dollar deals amounted to only RUR0.01.
As reported earlier, the trade volume was $95m at this time yesterday. At present, commercial banks are selling dollars due to the dollar's considerable drop on the world market. As a result, the present supply of dollars after the first 90 minutes of trade is the highest since the beginning of dollar trade on MICEX.
Today, the Russian Central Bank is participating in the MICEX currency trade and is buying dollars at 28.765 RUR/USD on tomorrow deals, an expert told RBC TV. According to him, the results of the US presidential election affected today's trade indirectly. In particular, the euro has increased to $1.28, thus putting additional pressure on the dollar. The expert believes, that the situation on the domestic currency market will depend on the international market because this is the only factor of uncertainty that can cause the Central Bank to change its level of dollar support.
Šaltinis:
RBC
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The President of the Spanish Government, José Luis Rodríguez Zapatero, will meet this Monday with the German Chancellor, Angela Merkel, to analyse the future EU economic and employment strategy EU2020 before the Twenty-seven approve its basic lines at the Spring European Council.
more »
The planned overhaul of the EU common fisheries policy should take better account of the huge differences across European fleets and fisheries, give greater responsibility to fishing regions, address the problem of fleet overcapacity and improve the traditional quota system, according to a non-binding report adopted by Parliament on Thursday.
more »
The EMU framework and economic governance within the eurozone need to be revamped.
more »
Young people should be a priority in EU action next year, it emerged on Tuesday, as the Budgets Committee started work on the EU's 2011 budget.
more »
European Investment Bank (EIB) support for EU regional policy is crucial for tackling the economic crisis, EIB President Philippe Maystadt told the Regional Development Committee on Monday.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania could get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Tuesday.
more »
Today, 22 February, the EU Council of Agriculture and Fishing in Brussels, under the chairmanship of the Spanish Minister, Elena Espinosa, will analyse the impact of the economic crisis on the Greek agricultural sector, which has experienced a drop in prices and income, with small farms that pose an obstacle for the producer for negotiating with large distribution chains.
more »
Municipal policies to tackle the crisis and their application at EU level will be discussed during the three days of the summit entitled, “Networked Local Governments for a New Europe”, which will bring together representatives from 260 cities in Barcelona.
more »
The EBRD is promoting energy efficiency and renewable energy projects in Moldova, helping the economy to reduce its energy intensity with a new €20 million credit line for on-lending to local private companies.
more »
The EBRD is lending $1.2 million to Salkyn, one of the largest ice cream producers in Turkmenistan, to help the company expand its distribution network and build up its brand.
more »