Rouble and USD are stable at the trades on Thursday

With the start of the trading session at the MICEX currency section, the Russian Rouble rate has maintained relative stability in pairing with the USD, as investors choose wait and see attitude.

Thus, trading session for the USD started at the level of 30.46 roubles, which is 1 kopek more than   yesterday’s closing level; the EUR started at the level of 41.80 roubles (+13 kopeks). 

Dual currency basket value amounted to 35.56 roubles today (+6 kopeks).

Therefore, unstable situation at the global capital markets still affects the Rouble, which is sliding down. The fact that national currency remains above the level of 30 Roubles/USD proves long term weakness of the Rouble. 

Presumably, the pair Dollar/Rouble will be in the channel of 30.40-30.55 Roubles for the USD at the trading session on Thursday.