Rouble grows steadily in pairing with USD
With the start of the trading session at the MICEX currency section, the Russian Rouble rate has grown steadily in pairing with the USD and fell against the Euro. There is a high interest among investors to the Rouble’s liquidity, which along with the stability in oil prices, also supports the Rouble.
Thus, trading session for the USD started at the level of 28.71 roubles, which is 24 kopeks less than closing level on Friday; the EUR started movement at the level of 41.75 roubles (+18 kopeks).
Dual currency basket value decreased by 6 kopeks and amounted to 34.57 roubles by the opening session today.
Therefore, the Rouble is correlated with the Euro at Forex and is growing in pairing with the USD.
Presumably, the pair Dollar/Rouble will be in the channel of 28.62-28.85 Roubles for the USD at the trading session on Monday.
