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Rouble consolidated slightly in pairing with Dollar on Wednesday morning

With the start of the trading session at the MICEX currency section the Russian Rouble rate has grown slightly in pairing with the USD due to the positive dynamics of the major pair at Forex yesterday. Rising oil prices, retreating from the lows of eight weeks, provide support Russian currency.

Thus trading session for the USD started at the level of 29.74 roubles, which is 5 kopeks less than the level yesterday; the Euro started movement at the level of 40.7 roubles (+13 kopeks).

Dual currency basket value increased by 3 kopeks this morning and amounted to 34.78 roubles.

In general, stable environment for the pair Rouble/Dollar is related to the expectations of the U.S. Federal Reserve decision on rates.

Presumably the pair Rouble/Dollar will be in the channel of 29.65-20.0 roubles for the USD at the trading session today.
 

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