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Rouble rose significantly against USD and Euro
With the start of the trading session at the MICEX currency section, the Russian Rouble rate continues to grow on Tuesday regaining from all losses caused by the fall in pairing with the USD. There is deficit in liquidity in the currency section because exporters are interested in Roubles in advance of the tax period.
Thus, trading session for the USD started at the level of 30.50 roubles, which is 12 kopeks less than yesterday’s closing level; the EUR started at the level of 42.4 roubles (-11 kopeks).
Dual currency basket value amounted to 35.86 roubles (-11 kopeks) today.
Therefore, the pair Dollar/Rouble will continue to decline based on combination of factors.
Presumably, the pair Dollar/Rouble will be in the channel of 30.45-30.65 Rouble for USD at the trading session on Tuesday.
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