USD is moderately growing in pairing with Rouble

With the start of the trading session at the MICEX currency section, the Russian Rouble rate declined slightly in pairing with the USD, amid mixed sentiments of investors at the global capital markets in anticipation of prompt resolution of the European debt problems.
 
Thus, trading session for the USD started at the level of 31.16 roubles, which is 6 kopeks more than      yesterday’s closing level; the EUR started at the level of 42.90 roubles. 
 
Dual currency basket value amounted to 36.49 roubles today (+7 kopeks).
 
Therefore, the Rouble has slowed down its growth pace in pairing with the American currency, at the same time increasing its pace against dual currency basket.
 
Presumably, the pair Dollar/Rouble will be in the channel of 31.10-31.30 Roubles for the USD at the trading session on Thursday.
 
[More]

Tags: