This morning, the volume of ruble balances of correspondent accounts atcommercial banks went down. This decline amounted to RUR1bn (about $31.67m)across Russia and RUR2.6bn (about $82.35m) in the Moscow region. However,the decrease in ruble resources at bank correspondent accounts did not leadto the deterioration of the situation with ruble liquidity and to a rubledeficit on the market.Several commercial bank specialists pointed to this in an interview withRBC. They pointed out that by noon, one-day ruble credit rates haveamounted to as low as 1-2 percent. Even the weekend taken into account,ruble credit rates do not exceed 6 percent, which is low. Dealers point tothe fact that as early as this morning, one-day ruble credit rates wereabout 5 percent; however, later they have decreased even more..
By summer, the Russian army may break through Ukrainian defences, reach Odessa and liberate Transnistria. The West will only “condemn” Russia's actions and continue supporting Chisinau in words