Forex Analytics of LiteForex of 08.11.10: Rouble declined on Monday morning
With the start of the trading session at the MICEX currency session the Russian Rouble rate declined in pairing with the USD, however consolidated against the Euro, regaining from the last week events.
Thus trading session for the USD started at the level of 30.74 roubles, which is 1 kopek less than the level of last Wednesday; the EUR started movement at the level of 42.9 rouble (-25 kopeks).
Dual currency basket value declined by 10 kopeks and amounted to 36.25 roubles today.
The Rouble is supported by the high oil prices today; however Euro rate decline at Forex brings in some pressure.
Presumably the pair Rouble/Dollar will be in the range of 30.50-30.80 roubles for the USD at the trading session on Monday.
