USD regains positions in pairing with Rouble

With the start of the trading session at the MICEX currency section, the Russian Rouble rate has gone down in pairing with the USD amid correction in oil prices and decline in the major pair EUR/USD.

Thus, trading session for the USD started at the level of 27.98 roubles, however later transactions were carried out at the level of 28.14 roubles, which is 9 kopeks more than yesterday’s closing level; the EUR started at the level of 40.5 (+3 kopeks).

Dual currency basket value increased by 7 kopeks today and amounted to 33.7 roubles.

Therefore, the Rouble has become weaker and rolled back from the highs of 2008 without strong support.

Presumably the pair Rouble/Dollar will be in the channel of 28.0-28.25 roubles for the USD at the trading session on Tuesday. 
 
 

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