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USD increased steadily in pairing with Rouble
With the start of the trading session at the MICEX currency section, the Russian Rouble rate subsided in pairing with the USD and the Euro, due to deterioration of investors’ sentiment at the global capital markets. Reduction in oil prices is also a negative factor for the Rouble.
Thus, trading session for the USD started at the level of 29.3 roubles, which is 25 kopeks more than yesterday’s closing level; the EUR started at the level of 41.9 roubles (+18 kopeks).
Dual currency basket value amounted to 35 roubles today, (+22 kopeks).
Therefore, increasing flow of the negative external factors prevents recovery of the Rouble.
Presumably, the pair Dollar/Rouble will not be in the channel of 29.20-29.45 Roubles for the USD at the trading session on Friday.