The ruble is not falling - it just floats

Banks Finansy24-11-2008 ruble is not falling - he just swims Monday - Heavy Day. Difficult it was for the Russian ruble. Bank of Russia has extended the corridor of fluctuations of currency basket at 30 cents each way. But experts say that such a decision is quite logical, and nothing to fear. In the central bank officially confirmed that expanded the boundaries of the currency corridor - by 30 kopecks. in each direction. The Russian currency dropped to 30.95 rubles. to the basket. Prior to that, the upper limit of the currency corridor was 30.7 rubles. As a result, the official rate of U.S. dollar increased by 9.48 kopecks. to 27.6613 rubles. for one dollar. Euro also went up immediately to 39.26 kopeks. - Up to 34.9141 rubles. We recall that two weeks ago - November 11 - The Central Bank has already extended the boundary of the currency corridor just 30 kopeks. in both directions. Thus, within a month the Bank of Russia has extended the range of fluctuations of the ruble against a currency basket to 60 kopecks. In fact, under conditions of increased demand for currency, the ruble on the 60 cents a ruble and fell.