Rouble declined to new 2-year lows in pairing with USD

With the start of the trading session at the MICEX currency section, the Russian Rouble rate fell to a new 2-year low in pairing with the USD, and to new lows to dual currency basket. The Russian Rouble still gains no support amid falling oil prices and a selloff in EUR/USD pair at the Forex currency market.

Thus, trading session for the USD started at the level of 32.39 roubles, which is 34 kopeks more than Friday’s closing level; the EUR started at the level of 43.4 roubles (+7 kopeks). 

Dual currency basket value continues to grow and amounted to 37.35 roubles today (+20 kopeks).

Therefore, the Russian Rouble continues to be under the strongest pressure in spite of the political news from Russia.

Presumably, the pair Dollar/Rouble will be in the channel of 32.30-32.50 Roubles for the USD at the trading session on Monday.