Author`s name Pravda.Ru

Large increase in balances of correspondent accounts drives dollar rate higher - Comments

This morning the ruble balances of Russian commercial banks' correspondentaccounts rose substantially. The increase was over RUR7bn (around $222.2m)across Russia and over RUR6bn (around $109.47m) in the Moscow region. Thisis the highest increase since August 30, i.e. the biggest figure postedthis month

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