Central Bank Restrains Rise In Dollar Exchange Rate

The Central Bank is actively participating in currency trading on the Russian interbank market today, a bank trader reported in an interview with RBC. He believes that it is the Central Bank that is preventing the dollar rate from rising above a level of 29.47 rubles. At the same time, he stressed that the Central Bank was not present at the morning trade yesterday. The trader is sure the dollar will not drop below a level of 29.43 rubles, which is the official exchange rate set by the Central Bank for today. Forecasting the dollar dynamics through October 10, the analyst noted that the dollar would fluctuate within the range of 29.43 and 29.48 rubles.

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Author`s name: Editorial Team