USD continues to weaken in pairing with Rouble

With the start of the trading session at the MICEX currency section, the Russian Rouble rate increased in pairing with the USD, reflecting tranquil external background, yesterday’s purchases of the pair EUR/USD and oil price which is increasing to the four-day highs.

Thus, trading session for the USD started at the level of 28.07 roubles, which is 8 kopeks less than yesterday’ closing level; the EUR started at the level of 40.35 (+3 kopeks).Value of the dual currency basket decreased by 3 kopeks today and amounted to 33.6 roubles. Therefore, relative improvement in investors’ sentiments at the global capital markets favourably affects the exchange rate of the Russian currency.

Presumably, the pair will be in the channel of 28.0-28.15 Roubles for the USD at the trading session on Wednesday.

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