Rouble began to weaken again in pairing with USD

With the start of the trading session at the MICEX currency section, the Russian Rouble rate is traded downward in pairing with the USD.

The trading session for the USD started at the level of 31.47 roubles, which is 15   kopeks more than yesterday’s closing level; the Euro started at the level of 40.15 roubles (+20 kopeks).

Dual currency basket value amounted to 35.42 roubles today. Yesterday, Central Bank of RF announced expansion of the dual currency corridor up to 6 roubles in order to reduce potential currency fluctuations.

At the end of the year Central Bank of RF has intensified liquidity in the national market, which puts pressure on the currency exchange rate.

Presumably, the pair USD/Rouble will be in the channel of 31.42-31.55 Roubles for USD at the trading session on Wednesday.

 

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