PRAVEX-BANK Occupied 8% of Spot Market on Volume of Operations
OREANDA-NEWS. August 20, 2008. According to results on Foreign exchange spot market activity PRAVEX-BANK shows good performances of currency sale and purchase volumes. Hereby, in July 2008 PRAVEX-BANK accomplished approximately 8% of total operations on spot market of Ukraine, the press-centre of PRAVEX-BANK reported.
Summarizing the results of PRAVEX-BANK activity of currency spot-market for the I half year of 2008 we should underline that volumes of USD purchase and sale against UAH in PRAVEX-BANK grew with 1, 4 times in comparison with the analogous period in 2007, and in 2, 8 times in comparison with I half year in 2006.
Euro currency turnover, realized by PRAVEX-BANK on spot market for I half year of 2008, grew with 1, 7 times in comparison with the analogous period of 2006.
For the same period the turnover for purchase -sale of Russian Ruble increased in 2, 9 times in comparison with I half year of 2007, and in 13, 5 times more sold and purchased of Russian Federation currency than in I half year of 2006.
We should also remind that in January 2008, PRAVEX-BANK started effectuation of HUF and SKK. For the first half of 2008 volumes of sale-purchase of this currency made more than 16 millions of HUF and more than 4 millions of SKK.
"We always try our best to create for clients most advantageous conditions for currency exchange , and this impressive accomplishment in purchase — sale of foreign currency is a logical output", — comments by E. Bakayeva, PRAVEX_BANK's Director of Department of Corporate and retail business with cash.
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