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Rouble remains weak in pairing with USD
In order to stabilize position of the Russian Rouble, the Central Bank of RF has sold at least $300 million; according to the experts from Barclays Capital, national regulator made a resolute step towards normalization of the position in the rouble pairs, however if global economic uncertainty will be preserved, immediate reversal of the Rouble will not be possible.
According to different sources the CB started sale of the USD at around 35.15 roubles, based on the quotes of the dual currency basket.
The pair Dollar/Rouble rose to the level of 30.2 roubles during the last trading session, which is totally resulted in the rise of 76 kopeks. The Rouble fell to 42.29 in pairing with the Euro, and by the end of the trading day the pair Euro/Rouble increased by 1.14 roubles.
The Central Bank had intervened into trades for the amounts which approximately totaled $150 million during the last trading day, which helped to hold the Russian currency away from more significant sales caused by the panic in the market.