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39,019,407 39,019,407 57.58 60.25 Moscow of roubles Moscow Interbank Currency Exchange Russian Trading System (MICEX RTS), thousands 474,650

In addition, relevant information is released by interbank tions. Moscow Interbank Actual Rate on Credits to Banks currency exchanges. with Investment Grade Credit Rating (MIACR

In addition, relevant information is released by interbank tions. Moscow Interbank Actual Rate on Credits to Banks currency exchanges. with Investment Grade Credit Rating (MIACR

of contributing rates of credit institutions. authorized bodies of the interbank currency exchanges and Moscow Interbank Actual Credit Rates (MIACR) are agreed with the Bank

3.2.1 Average weighted Moscow Interbank Actual Credit Rate Trade at Interbank Currency Exchange (MIACR) and Average Moscow Interbank Actual Rate on Cred its

exchanges (USD million) 1998 January February March April May June July Moscow Interbank Currency Exchange (MICEX) Average weighted ruble/dollar rate 6.0200 6.0456

1998 January February March April May June July August September October Moscow Interbank Currency Exchange (MICEX) Average weighted ruble/dollar rate 6.0200 6.0456

Table: 2 Settlement time not later than the transaction day. MICEX — Moscow Interbank Currency Exchange ASPEX — Asia-Pacific Interbank Currency Exchange 3 Settlement time not later

March April May June July August September October November December January Moscow Interbank Currency Exchange (MICEX) Average weighted ruble/dollar rate 6.0200 6.0456

2.1. US dollar trade on interbank currency exchanges .................................................... 28 3.2.2. German mark trade on Moscow interbank currency exchange (MICEX) and St. Petersburg