Rus News Journal

The rouble continues to update maxima to dollar and euros

the Auctions in currency section of the Moscow Interbank Stock Exchange have begun today confident growth of the Russian currency. Already in the beginning of trading session of the quotation of dollar have fallen below 30 rbl., and the euro has punched downwards a mark 42 rbl.
Against sharp decrease in a course of the American and European currencies has aloud fallen in price and bivaljutnaja a basket ($0,55 and 0,45 euros). As of 10:20 Moscow time bivaljutnyj the reference point of Bank of Russia bargained at level 35,2305 rbl. that for 25 copecks below level of closing of the auctions the day before.
the Average rate of dollar calculations today as of 10:20 made Moscow time 29,8865 rbl./ dollars It is value for 30 copecks below an official rate established by Bank of Russia for today. Thus the minimum transactions on the American currency are made today at level 29,835 rbl./ dollars, maximum - 29,95 rbl./ dollars
Also almost for 30 copecks has fallen in price at opening and uniform currency of an eurozone. As of 10:20 Moscow time the average rate of euro calculations today made 41,7959 rbl./ euro. The minimum transactions are made at level 41,7 rbl./ euro, maximum - 42,1501 rbl./ euro.
experts notice that today the Russian currency has continued strengthening thanks to growth of the main reference point - the prices for oil - against lifting in the share markets and euro growth to dollar. Before the beginning of the auctions on the Moscow Interbank Stock Exchange futures for oil of mark Brent bargained around a fortnight maximum about 76 dollars/ barr., after falling to 71,13 dollars/ barr.
The day before the rouble has risen to a week maximum to dollar and peak of one and a half weeks to euro and bivaljutnoj to a basket, having got of support from such traditional factors, as the prices for oil and sale of a currency export gain.
analysts Raiffeisen Research notice that the rouble remains under the influence of dynamics of the price for oil and world stock markets. However volatilnost remains high as investors are disturbed by negative consequences of tough policy of China for the oil market. We consider that players exaggerate a problem of the Peoples Republic of China. Restoration of economy of the USA and Europe will promote rise in prices for raw materials, though they already and so at high level - experts have underlined.
we will remind that the official rate of US dollar established by Bank of Russia since February, 3rd 2010., makes 30,1830 rbl./ dollars, an euro exchange rate - 42,0510 rbl./ euro.