Dollar showed another increase in pairing with the RUB

With the start of the trading session at the MICEX currency section on Tuesday, the Russian Rouble rate continued weakening in pairing with the USD still staying near 2009 lows amid the external background and oil prices’ retreat.

Thus, trading session for the USD started at the level of 32.72 roubles, which is 15 kopeks higher than yesterday’s closing level; the EUR started at the level of 43.27 roubles (-3 kopeks).

Dual currency basket value amounted to 37.47 roubles today (+7 kopeks).

Thus the Russian Rouble continues to be pressured by the remaining tension at the world capital markets. It is worth noting that Central Bank’s intervention still does not show itself.

Presumably, the pair Dollar/Rouble will be in the channel of 32.65-32.95 Roubles for the USD at the trading session on Tuesday. 

[More]

Tags: