Rouble gave way to USD on Monday

With the start of the trading session at the MICEX currency section, the Russian Rouble rate fell significantly in pairing with the USD, amid sales in EUR/USD at Forex, decline in oil price and general trend of Investors not to take risk.

Thus, trading session for the USD started at the level of 30.04 roubles, which is 40 kopeks more than closing level on Friday; the EUR started at the level of 42.15 roubles, almost unchanged.

Dual currency basket value amounted to 35.5 roubles (+25 kopeks) today.

Therefore, the Rouble continues to be responsive to the changes in market sentiments. Proximity of the tax period keeps domestic currency from serious slump; nevertheless exporters have already bought the Roubles for settlements.

Presumably, the pair Dollar/Rouble will be in the channel of 30.00-30.25 Rouble for USD at the trading session on Monday.

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