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Rouble continues to grow in pairing with USD
With the start of the trading session at the MICEX currency section, the USD rate continues to decline in pairing with the Russian Rouble, due to the ascending trend of the pair EUR/USD at Forex.
Thus, trading session for the USD started at the level of 27.48 roubles, which is 3 kopek less than yesterday’s closing level; the EUR started movement at the level of 39.9 roubles (+5 roubles). Value of the dual currency basket remained stable today, at the level of 33.07 roubles.
Therefore, ascending channel of the pair EUR/USD remains the main source of support for the national currency. Reduction in oil prices constrains more significant growth of the Rouble.Presumably, the pair will be in the channel of 27.30-27.57 Roubles for the USD at the trading session on Wednesday.
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