USD is stable in pairing with Rouble

With the start of the trading session at the MICEX currency section, the Russian Rouble remained stable in pairing with USD as the set of mixed factors prevents the pair from taking any specific direction. On the one hand high oil prices keep the Russian currency from falling, on the other hand – weak movements in EUR/USD at Forex prevent it from strengthening.

Thus, trading session for the USD started at the level of 28.28 roubles, with a slight difference from the level seen on Monday’s close; the EUR started at the level of 40.17 roubles (-9 kopeks).

Dual currency basket value today decreased 3 kopeks and amounted to 33.63 roubles.

Thereby the Russian Rouble is in the wait-and-see attitude.

Presumably the pair Rouble/Dollar will be in the channel of 28.20-28.40 roubles for the USD at the trading session today.
 

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