Rouble maintains weak positions in pairing with USD

With the start of the trading session at the MICEX currency section, the Russian Rouble rate is traded flat in pairing with the USD, still remaining above boundary of 31 roubles, due to mixed investors’ sentiments at the global capital markets. 

Thus, trading session for the USD started at the level of 31.05 roubles, almost unchanged compared with yesterday’s closing level; the EUR started at the level of 41.95 roubles, (+15 kopeks).

Dual currency basket value amounted to 36 roubles today, which is the highs of 7 months.

Therefore, external background continues to put the main pressure on the positions of the national currency, while internal factors such as demand for liquidity, is gradually receding.

Presumably, the pair Dollar/Rouble will be in the channel of 30.90-31.15 Roubles for USD at the trading session on Tuesday.