USD started the week with growth in pairing with Rouble

With the start of the trading session at the MICEX currency section, the Russian Rouble rate has slightly retreated in pairing with the USD amid negative dynamics of the EUR/USD at Forex and slump in oil prices.

Thus, trading session for the USD started at the level of 28.37 roubles, 10 kopeks higher than the level seen at Friday’s close; the EUR started movement at the level of 39.94 (-4 kopeks).

Dual currency basket value increased by 3 today and amounted to 33.59 roubles.

Therefore, the Russian currency stays without substantial support from without in the meantime: oil prices traced a course of lowering, pair EUR/USD also remains under external pressure. The only thing to keep Rouble from serious decline is the end of the month and demand for the currency in the domestic market.

Presumably the pair Rouble/Dollar will be in the channel of 28.30-28.50 roubles for the USD at the trading session on Monday.

 

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