Russian top diplomat believes US-led coalition should take steps to liberate MosulRussian Politics & Diplomacy March 27, 13:46
Kremlin airs its views on 'mass protests' in RussiaRussian Politics & Diplomacy March 27, 13:41
Lavrov says West expresses double-standard reaction to protests across RussiaRussian Politics & Diplomacy March 27, 13:40
Rouhani says Iran's energy sector offers huge potential for Russian investmentBusiness & Economy March 27, 13:26
Press review: More US sanctions against Russia and Moscow ready for deeper oil output cutsPress Review March 27, 13:00
Le Pen says France’s National Front receives no funding from RussiaWorld March 27, 12:30
Lavrov urges Europe to work harder towards implementing Minsk dealRussian Politics & Diplomacy March 27, 12:07
About 700 artillery troops engaged in Crimean coastal defense drillsMilitary & Defense March 27, 12:06
Italian top diplomat urges to restore dialog between Russian and EUWorld March 27, 12:01
MOSCOW, January 21. /TASS/. Russia’s top lender Sberbank does not see an excess of demand for foreign currency among clients despite the ruble’s weakening, a representative of the bank’s press service told TASS on Thursday.
"At the moment we don’t see an excess of demand for foreign currency on the part of our clients. Sberbank is ready to provide required volume of supply to its clients in a timely manner with no loss in quality of service," the source said.
VTB24 (a retail banking arm of Russia's second-biggest lender VTB) also sees no feverish demand for foreign currency due to the ruble’s plummeting among its clients, a representative of the bank’s press service told TASS on Thursday.
"There are no departures from standard volumes of purchases or sales of exchange in place. There is no excitement due to the changing exchange rate of the ruble in our offices and we’re ready to fully satisfy any demand for currency exchange transactions from our clients," the source said.
Earlier on Thursday the dollar exchange rate surged by 4.59 rubles to 85.99 rubles on the Moscow Exchange, which exceeds the record highs of 2014 by 5.89 rubles. The dollar was only higher before the ruble was denominated in 1998. As of December 30, 1997 the dollar equaled 5,960 rubles at the exchange rate of the Central Bank of Russia. The euro exchange rate soared by 5.06 rubles to 93.7 rubles.