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Rouble fell to two- year lows in pairing with USD
With the start of the trading session at the MICEX currency section, the Russian Rouble rate continues to fall in pairing with the USD, dropping to the lowest level since 2009, amid deterioration of external environment and the increased purchase of the currency by large traders at the domestic markets.
Thus, trading session for the USD started at the level of 31.44 roubles, which is 28 kopeks more than yesterday’s closing level; the EUR started movement at the level of 42.8 roubles (+20 kopeks).
Dual currency basket value amounted to 36.6 roubles today (+24 kopeks), which is also the lowest level since 2009.Therefore, consistently deteriorating external background has become a strong negative catalyst for the domestic currency. Presumably, the pair Dollar/Rouble will be in the channel of 31.40-31.55 Roubles for the USD at the trading session on Tuesday.
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