Rouble has grown slightly in pairing with USD
With the start of the trading session at the MICEX currency section the Russian Rouble rate has grown in pairing with the USD amid rebound of the pair EUR/USD after yesterday’s drawdown. In addition, tangible support to the domestic currency is provided by the oil prices which have grown above the two years’ highs.
Thus, trading session for the USD started at the level of 30.78 roubles, which is 1 kopeks less than the level yesterday; the EUR started movement at the level of 40.38 roubles (-12 kopeks).
Dual currency basket value reduced by 6 kopeks in the middle of the week and amounted to 35.07 roubles.
Therefore, favourable environment in the oil sector still remains the main support factor for the Rouble.
Presumably the pair Rouble/Dollar will be the range of 30.65-30.85 roubles for the USD at the trading session on Wednesday.
