Russian Rouble continues to grow in pairing with USD

With the start of the trading session at the MICEX currency section, the Russian Rouble rate continues to grow in pairing with USD and Euro on Friday, because investors’ sentiment at the global capital markets remains quite positive.

Thus, trading session for the USD started at the level of 29.83 roubles, which is 11 kopeks less than yesterday’s closing level; the EUR started at the level of 42.32 roubles (-10 kopeks).

Dual currency basket value amounted to 35.5 roubles (-28 kopeks) today.

Therefore, Russian currency continues to enjoy support from external background.

On Friday, investors will continue to keep a close watch on activity of the Central Bank of RF at the meeting and its decision regarding the rate of refinancing.

Presumably, the pair Dollar/Rouble will be in the channel of 29.80-30.15 Rouble for USD at the trading session on Friday.

 

 

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