Balances at correspondent accounts of Russian commercial banks increased at the beginning of business today. Throughout the country this advance amounted to 3.8bn rubles (about $119m) and in the Moscow region to 3.6bn rubles ($113m). This has been the largest gain since February 3, 2003. As a result the current favorable situation with ruble liquidity has improved further. According to specialists of commercial banks, one-day ruble credit rates are only 1-2 percent at present. Even taking into account the coming weekend, credit rates do not exceed 6 percent. Yesterday, the overnight ruble credit rate was 4-5 percent.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.