Rouble has grown moderately in pairing with USD on Tuesday

With the start of the trading session at the MICEX currency section the Russian Rouble rate has grown in pairing with the USD amid positive dynamics of the pair EUR/USD at Forex. High oil prices, which are now at the two weeks highs, also provide support to the Rouble.

Thus, trading session for the USD started at the level of 30.72 roubles, which is 8 kopeks less than the level yesterday; the EUR started movement at the level of 40.5 roubles (-2 kopeks).

Dual currency basket value reduced by 4 kopeks and amounted to 35.13 roubles.

Therefore, the rate of the Rouble is supported by external background. In addition, the growth of domestic currency is stimulated by the interest to the ruble liquidity at the end of the year.

Presumably the pair Rouble/Dollar will not go beyond the range of 30.65-30.85 roubles for the USD at the trading session on Tuesday.
 
 

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