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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (57407)	3/15/2006 2:56:53 PM
From: Bucky Katt	of 57584

When the dollar dumps v the Ruble, ouch> Dollar plummets nearly 20 kopecks ahead of U.S. economic update MOSCOW. March 15 (Interfax) - The dollar plummeted almost 20 kopecks against the ruble on Wednesday as it weakened internationally on fears that the latest statistics will show that U.S. industrial growth slowed and investment in the country's assets declined in January. Dealers said the Central Bank of Russia again strengthened the ruble against its bi-currency basket on Wednesday, also contributing to the dollar's slide. By 11.20 a.m. local time, the dollar was down 19.5 kopecks to 27.835 rubles/$1 on the Moscow Interbank Currency Exchange (MICEX). Trading volume topped $1.11 billion, including Today and Tom deals. The ruble hardly moved against the euro, trading at 33.5 rubles/ EUR1. pr

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