The weighted average dollar exchange rate was RUR 31.86 at early morning trade today, remaining unchanged against the previous closing. The dollar rate stayed at the same level today after a rise observed over the past two days in a row.
Meanwhile, the situation with ruble liquidity at Russian commercial banks remains favorable, which is bound to promote a rise in the dollar. Low ruble credit rates testify there is no ruble deficit at domestic banks. One-day ruble credit rates reached 4-6 percent this morning and they were even lower, at 3 percent, yesterday.
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