Rouble still remains at many-month highs in pairing with USD

With the start of the trading session at the MICEX currency section, the USD continued to go down slightly in pairing with the Russian Rouble amid two-day recovery of the pair EUR/USD at Forex. Main support to the Rouble is still rendered by the oil sector where prices are rising due to the increasing unrest in the Middle East.

Thus, trading session started for the USD at the level of 29.24 roubles, which is 3 kopeks less than the level yesterday; the EUR started movement at the level of 39.8 roubles, (+5 kopeks).

Dual currency basket value was at the level of 33.99 roubles on Friday, remaining unchanged.

Presumably the pair Rouble/Dollar will not go beyond the channel of 29.18-29.35 roubles for the USD at the trading session today.

 

 

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