Forex Analytics of LiteForex of 15.11.10: Rouble declined slightly at the beginning of the week

With the start of the trading session at the MICEX currency section the Russian Rouble rate declined in pairing with the USD following the rollback
of the pair EUR/USD at Forex. However the fact that oil prices demonstrate the rise can support domestic currency during the trades.
Thus, trading session for the USD started at the level of 30.83 roubles, which is 5 kopeks more than the level on Friday; the EUR started the level
of 42.2 roubles (-3 kopeks).

Dual currency basket value has not changed today and amounted to 35.95 roubles. Currency market is waiting for the new data, and this explains insignificant movement on the floors. Presumably the pair Rouble/Dollar will not go beyond the range of 30.65-30.95 roubles for the USD.

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