Central Bank Sells Dollars To Non-Residents At RUR31.50

Today the Russian Central Bank offered $50m at an auction for the holders of non-resident c-accounts. The minimal selling rate was set at 31.50 rubles per dollar. As RosBusinessConsulting got to know from the Central Bank, bids were made for the amount of $111,534,934. The previous currency auction for $50m was held on September 20, 2001. The minimal selling rate was 31.40 rubles per dollar. Bidders requested $138,690,071. The date of the next auction has not been fixed yet.

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