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Stable solution for international business

Documentary credits with China in Russian rubles

Dalcombank has started documentary operations in Russian rubles with China. This week the first transaction was successfully conducted and Dalcombank has become of the first banks in Russia offering documentary credits in Russian rubles with China to its customers.

Dalcombank specialists predict that these operations will have high demand with the customers involved into international trade. In the unstable economic environment the use of documentary credits in international trade is getting more and more importance as it helps to eliminate risks both for importers and exporters. Moreover, when conducting trade with China, Dalcombank customers have more opportunities to manage currency risks making settlements not only in foreign currencies but also in Russian rubles.




 
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currency exchange rates
buying
rates
selling
rates
Central
Bank
rate
USD 29.85 30.40 30.2385
EUR 38.95 39.92 39.7425
JPY* 37.20 40.20 39.6909
CNY** 47.50 52.70 47.9611
AU*** 1684.91 1761.89 1710.57
*   for 100 JPY
**  for 10 CNY
*** for 1 gram
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Tel: +7 (4212) 306-696, 747-720.
Fax: +7 (4212) 747-720.
E-mail: dcb@dalcombank.ru
OJSC "Dalcombank", Central Bank General License #84 of November, 10, 2002
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