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    DOLLAR RATE VS ROUBLE NOT APPRECIABLY CHANGED

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    MOSCOW, JANUARY 30. /RIA NOVOSTI/ -- On Friday as a result of the emerging demand against the background of its rate correction, the dollar has actually retained stability and stood at 28.49 rubles.

    Dealers say that on Friday participants in currency trade preferred to close short positions because dollars were scarce on the market. The reason: large-scale interventions /1.2-1.3 billion dollars/ by the Central Bank in the preceding trade sessions. On Friday the Central Bank did not change its level of backing the American currency -- 28.485 rubles to the dollar -- but did not participate in the trading session, dealers say.

    At the present moment, at the trade session with 'tomorrow' settlements transactions are made within the range 28.4825-28.54 rubles to the dollar and the trading volume is not large -- 115.14 million dollars.

    "The market is tuned to small buys and short positions are closing," MDM Bank dealer Peter Neimyshev told RIA Novosti.

    To him, the lowering of the euro rate on the world markets and the good economic performance in the United States /curtailment of the number of those turning for unemployment benefits/ are in favor of the rate stabilization.

    Neimyshev said that the stabilization of the rate of the American currency relative Russian is short-term and, in prospect, the tendency towards the strengthening of the ruble will preserve. "Overall, the dollar rate will be lower and in two weeks may reach 28.2-28.3 rubles to the dollar", he specified.

    The average-weighted rate of the euro at the 'tomorrow' trade session has subsided by 30.78 kopecks to 35.3457 rubles per euro. As before, the euro dynamics on the Russian market is correlated with its dynamics on the world currency market Forex, where the rate of the European currency continued to subside to below 1.24 dollars.

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