12 Aug 2009 14:45

Russian banks up domestic currency market trading 14% in July

MOSCOW. Aug 12 (Interfax) - Russian banks increased average daily inter-bank currency market transactions 13.9% to $58.208 billion in July compared with June - the highest level since $73.91 billion seen in January, the Central Bank said on its website.

June turnover was $51.103 billion, or 21.2% less than January's high. The previous high was $81.065 billion, seen in October 2008. The lowest this year was $46.228 billion in April.

The CB was quoting figures for total average daily currencies' turnover of SPOT FX transactions on the domestic currency market.