USD declines again in pairing with Rouble
Since the start of the trading session at the MICEX currency section, the Russian Rouble rate began to rise again in pairing with the USD and the Euro amid ascending dynamics of EUR/USD at the end of last week. In addition the Rouble will receive support today from growing oil prices, caused by the continuing military conflict in Libya.
Thus, trading session for the USD started at the level of 28.35 roubles, which is 12 kopeks less than the level on friday; the EUR started movement at the level of 40.2 roubles (-7 kopeks).
Dual currency basket value fell by 9 kopeks today, and amounted to 33.7 roubles.
Therefore, the Russian currency gains strength again.
Presumably the pair Rouble/Dollar will be in the channel of 28.2 0-28.50 roubles for the USD at the trading session on Monday.
