Rouble regained part of losses in pairing with USD

With the start of the trading session at the MICEX currency section on Tuesday morning, the Russian Rouble has regained part of the losses caused by the rebound at the beginning of the week.

Thus, trading session for the USD started at the level of 30.22 roubles, which is 6 kopeks less than   yesterday’s closing level; the EUR started at the level of 41.27 roubles (+3 kopeks).  Dual currency basket value amounted to 35.2 roubles today (-2 kopeks).

Therefore, relative stabilization of the global financial markets has contributed to the neutral position of the Rouble pairs.Presumably, the pair Dollar/Rouble will not go beyond the channel of 30.12-30.35 Roubles for the USD at the trading session on Tuesday.