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The ruble is weakening against the dollar and euro at the beginning of the session on Wednesday

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The ruble is weakening against the dollar and euro at the beginning of the session on Wednesday

The ruble is weakening against the dollar and euro at the beginning of the session on Wednesday
July 13
12:30 2016

On the Moscow stock exchange the US dollar and the euro slightly grew up while opening the trading session on Wednesday. The ruble is weakening. This is due to a downward vector of the oil price movement.

The first deals on the US national currency were within 63,995-64, 15 rubles. On average for the first minute and a half the rate amounted to 64.03 rubles. The euro was at around 70.8 rubles. / EUR1, the currency basket was worth 67.08 rubles. Herewith the US dollar grew 13 cents above the current exchange rate, EUR – 18 cents below the current rate.

A slight fall of the ruble against the dollar and euro is associated with the decrease in the world oil prices, consider the experts of the “Interfax”. Oil, which grew in price on Tuesday by almost 5%, on Wednesday morning began to fall against the release of the information from the American Petroleum Institute regarding the growth of fuel stocks in the US market by 2.2 million barrels.

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