Author`s name Pravda.Ru

Russian banks continue large dollar purchases - Comments

The weighted average dollar rate in deals with tomorrow settlements remained at RUR30.34 on the Russian market in the afternoon, which corresponds to the official dollar rate set by the Russian Central Bank for August 8. Analysts reported that domestic commercial banks were still quite active. A large trade volume, which had exceeded $100m as of 3 p.m., testified to this activity.

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