Spread on dollar deals narrow, trade low at UTS

July 13, 2007 – 12:54 am

12 July 2007

Almost an hour into today’s special dollar trading session for tomorrow deals, the high and low on deals stood at 25.53 RUR/USD and 25.52 RUR/USD. Therefore, the spread on dollar deals has been narrow at RUR0.01. Meanwhile, commercial bank activity has been slack. As of 10:30 a.m., the trade volume was around USD77m.