Rouble rose in pairing with USD on Monday

With the start of the trading session at the MICEX currency section the Russian Rouble rate rose against the USD and Unified European currency based on the previous positive momentum of the EUR/USD. Oil prices, which came up to the highs of 26 weeks has become powerful factor of support.

Thus, trading session for the USD started at the level of 31.21 roubles, which is 7 kopeks less than the level on Friday; the EUR started movement at the level of 41.65 roubles (+12 kopeks).

Dual currency basket value declined by 10 kopeks on Monday and amounted to 35.9 roubles. Therefore, external background at the beginning of the week is positive for the domestic currency growth. Presumably the pair Rouble/Dollar will not go beyond the channel of 31.10-31.359 roubles for the USD  at the trading session today.