Forex analytics of LiteForex of 29.10.2010: the ruble goes down at the end of the week

When the trading session on MICEX currency section started Russian ruble decreased on the background of uncertainty in the investors’ mood in the world capital markets.

Thus bidding for USD started from the level of 30.62 rubles which is 5 kopecks higher than yesterday's marks; EUR rose by 7 kopecks and amounted to 42.6 rubles.

The cost of the dual currency basket today rose by 5 kopecks up to 36.06 rubles.

On Friday the market expects a large number of important macro statistics being published so the market activity is still low and the mood is uncertain.

Most likely the pair RUB / USD will bid on Friday without going out of the range of 30,50-30,75 rubles for USD.

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