Russian Rouble continues to grow in pairing with USD

With the start of the trading session at the MICEX currency section the Russian Rouble rose in pairing with the USD amid purchase of the EUR/USD at Forex in the morning.

Thus, trading session started for the USD at the level of 29.34 roubles, which is 7 kopeks less than the level on Friday, the EUR started movement at the level of 39.95 roubles (+3 kopeks).

Dual currency basket value decreased by 3 kopeks today and amounted to 34.12 roubles.

Therefore, the rise of the major currency pair at Forex supports the rate of the Rouble today, while oil prices are at the week’s lows, due to the beginning of stabilization period in the Egyptian situation.

Presumably the pair Rouble/Dollar will be in the channel of 29.25-29.50 roubles for the USD.

 

 

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