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With the start of the trading session at the MICEX currency section, the Russian Rouble rate rose in pairing with the USD with the help of the continuing support from the oil sector, where price for the “black gold” is around the five-week highs. On the other hand, “wait and see” attitude of the traders in the global capital market will hardly promote rapid growth of the Ruble in the session.

Thus, trading session for the USD started at the level of 29.47 roubles, which is 4 kopeks less than   yesterday’s closing level; the EUR started movement at the level of 41.46 roubles (+3 kopeks). 

Dual currency basket value amounted to 34.87 roubles today, practically unchanged versus the level in the middle of the week.

Stability in the stock market enables the Rouble to rise at the moment; however it is possible that the situation might change for the worse in the afternoon.

Presumably, the pair Dollar/Rouble will be in the channel of 29.40-29.65 Roubles for the USD at the trading session on Thursday.

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