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USD continues to retreat in pairing with Rouble
With the start of the trading session at the MICEX currency section, the Russian Rouble rate continues to rise in price in pairing with the USD amid continued strengthening of the pair Euro/Dollar at Forex and ongoing increase in oil prices.
Thus, trading session for the USD started at the level of 27.95 roubles, which is 13 kopeks less than yesterday’s closing level; the EUR started movement at the level of 39.9, (-3 kopeks).
Dual currency basket value fell by 9 kopeks today, and amounted to 33.32 roubles.
Therefore, stabilization in sentiments at the global capital market along with the neutral external background contributes to keeping the Rouble in the ascending channel.
Presumably, the pair Rouble/Dollar will be in the channel of 27.80-28.0 Roubles for the USD at the trading session on Thursday.