With the start of the trading session at the MICEX currency section, the Russian Rouble rate continues to grow, regaining from Friday’s consolidation of the Euro at Forex with the help of support of the rising oil prices.
Thus, trading session started for the USD at the level of 29.11 roubles, which is 6 kopeks less than the level on Friday; the EUR started movement at the level of 39.85 roubles, (+8 kopeks).
Dual currency basket value remained stable and amounted to 33.94 roubles today
Therefore, despite continued growth of the Russian Rouble, the underlying sentiment of investors at the market is expectance. The U.S. trading floors will be closed today due to the celebration of President Day and activity at the market is expected to be moderate.
Presumably the pair Rouble/Dollar will be in the channel of 29.05-29.25 roubles for the USD at the trading session today.
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