Rouble was able to strengthen slightly in pairing with USD

With the start of the trading session at the MICEX currency section, the USD rate decreased slightly in pairing with the Russian Rouble, because national currency continues to receive powerful support from growing oil prices.

Thus, trading session for the USD started at the level of 27.98 roubles, which is 3 kopeks less than yesterday’s closing level; the EUR started movement at the level of 40.07 (-2 kopeks).Value of the dual currency basket decreased by 2 kopeks today, and amounted to 33.42 roubles.

Therefore, growing oil prices remain the principal supporting factor for the Rouble. Investors will take “wait-and see” attitude today, in advance of the ECB meeting this afternoon.  Presumably, the pair will be in the channel of 27.94-28.05 Roubles for the USD at the trading session on Thursday.