08/26/1998 13:03:34 Russia MICEX to start rbl/dlr trade from 7.86 rbls

MOSCOW, Aug 26 (Reuters) - The Moscow Interbank Currency

Exchange (MICEX) is to start the next day's rouble/dollar spot

trading based on Tuesday's fix of 7.86 roubles per dollar, the

central bank said on Wednesday.

The bank earlier ordered MICEX to declare Wednesday's

rouble/dollar trade null and void after the rouble fell five

percent from the previous fix against the dollar to 8.26 per

dollar.

((Moscow Newsroom, +7095 941-8520

moscow.newsroom@reuters.com))