Forex Analytics of LiteForex of 11.11.10: Rouble is going up on Thursday
With the start of the trading session at the MICEX currency section the Russian Rouble rate rose in pairing with the USD and Unified European currency amid high oil prices.
Thus, trading session for the USD started at the level of 30.551 roubles, which is 7 kopeks less than the level yesterday; the EUR started movement at
the level of 42.15 roubles (-8 kopeks).
Dual currency basket value declined by 6 kopeks today and amounted to 35.8 roubles.
The growth of the Rouble can be easily explained by the significant oil support, decline of the dual currency basket which has been going on for the
fifth consecutive day can be also explained by the oil prices impact. Presumably, the pair Rouble/ Dollar will not go beyond the range of 30.45-30.65 roubles for the USD on Thursday trading session.
