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. Last Updated: 07/27/2016

Interbank Ruble Down

MOSCOW () -- The ruble fell to around 4,570 to the dollar in interbank trading Thursday from the Moscow Interbank Currency Exchange morning fix of 4,531, as funds unused at Wednesday's T-bill auction hit the market, dealers said.


Demand at the T-bill auction exceeded the 2.2 trillion ruble ($489 billion) offer by 1.3 trillion rubles, but the Finance Ministry has left about 28 billion worth of T-bills for further placement. Traders estimate outstanding ruble funds at 800 billion