Activity of currency market traders rises

The trade volume reached almost $50m on the interbank currency market as of 1:45 p.m. on Friday, October 25. Therefore, the activity of traders has been rather high. As it was reported earlier, yesterday afternoon market participants were reluctant to make deals, and the trade volume amounted to just $13m on the interbank market by the end of the trade. The exchange rate on the interbank market has been somewhat higher today compared to Thursday's level. The weighted-average rate for 'tomorrow' deals has reached RUR31.75 per dollar, and the maximum rate was RUR31.76 per dollar. Therefore, the level of deals on the interbank market is above the official exchange rate for Monday, October 28 by RUR0.02-0.03. Commercial bank dealers remarked that no sales by the Central Bank had been reported today.

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Author`s name Editorial Team