USD continues to weaken in pairing with Rouble

Since the start of the trading session at the MICEX currency section, the Russian Rouble rate continues to rise in pairing with the USD and the Euro amid successful consolidation of the pair EUR/USD at Forex and due to stably high oil prices. The beginning of the tax period also provides support to the Russian currency.

Thus, trading session for the USD started at the level of 28.18 roubles, which is 12 kopeks less than yesterday’s level; the EUR started movement at the level of 40.1, almost unchanged compared with the level on Monday.

Dual currency basket value declined by 7 kopeks today to the level of 33.55 roubles.

Therefore, the Rouble maintains the tendency to consolidate.

Presumably the pair Rouble/Dollar will be in the channel of 28.10-28.35 roubles for the USD at the trading session on Tuesday. 
 

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