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Rouble has reached six-month highs in pairing with USD
With the start of the trading session in the currency section of the MICEX, the Russian Rouble rate maintains positions close to highs of September with the help of support from expensive oil and low level of liquidity in the market.
The trading session for the USD started at the level of 30.71 roubles, which is 15kopeks less than yesterday's closing level, the EUR started at the level of 40.01 roubles.
Dual currency basket value amounted to 34.91 roubles today (-7 kopeks).
The rate of EUR/Rouble sank to six- month low for the same reasons. It seems unlikely that weakness in the pair will last long term and it is possible that the pair will resume trades at the level of40.25/40.30 in the next few days.
Presumably the pair Dollar/Rouble will be in the channel of 30.65-30.95 Roubles for USD at the trading session on Wednesday.