Central Bank prevents ruble's weakening against dollar

The weighted average dollar exchange rate on tomorrow deals amounted to 28.50 RUR/USD after the first 90 minutes of the UTS this morning, which was RUR0.01 higher than the official rate set for February 25. Commercial bank specialists say that the Central Bank is hindering a more considerable weakening of the national currency against the dollar currently. The high on the deals at the UTS did not exceed 28.50 RUR/USD at 11:30 Moscow time.

Experts believe that the dollar is unlikely to grow noticeably amid the uncertain political situation in the country after the government was dissolved. Trade on the currency market will unfold near the level of 28.485 RUR/USD, some experts told RBC TV. Some attempts to overcome the resistance of the Central Bank may be made, however, the Central Bank will stay on the market anyway.

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