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Dollar resumes growth at UTS
RBC, 13.05.2005, Moscow 14:28:39.Early this afternoon, the weighted average dollar exchange rate for tomorrow deals stood at RUR27.93 at the unified trading session. The high on deals hit RUR27.94 per dollar. These rates exceed the official dollar rate set out by the Bank of Russia for May 14, by RUR0.01 and RUR0.02 respectively. In the meantime, commercial banks are showing little interest in purchasing dollars. The dollar's growth at the special session has been triggered by the euro's continued recession on international exchanges. If this morning the euro was traded at USD1.2673, by 1 p.m. it cost USD1.2662. Thus, the euro devaluated by almost 0.1 percent within a few hours.
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