USD has strengthened slightly in pairing with Rouble
With the start of the trading session at the MICEX currency section, the Russian Rouble rate retreated slightly in pairing with the USD, due to the sales of EUR/USD at Forex last night.
Thus, trading session for the USD started at the level of 27.83 roubles, which is half a kopek more than yesterday’s closing session level; the EUR started movement at the level of 40.68 (+3 kopeks). Value of the dual currency basket increased by 1 kopek today and amounted to 33.61 roubles.
So slurred dynamics at the currency market was caused by the wait and see attitude of investors in advance of the presentation of the Federal Reserve chairman Barnanke at the ECB meeting on Thursday.
Presumably, the pair Rouble/Dollar will be in the channel of 27.78-27.89 Roubles for the USD at the trading session on Tuesday.
