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The dollar and euro are rising in price at the start of the session on Friday

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The dollar and euro are rising in price at the start of the session on Friday

The dollar and euro are rising in price at the start of the session on Friday
September 30
10:30 2016

On Friday the US dollar and euro have risen in price at the start of the trading on the Moscow stock exchange. The Russian currency is falling against the background of the falling world oil prices and stock indexes.

On Friday the bidding on the dollar started with the transactions in the range of 63,22-63,44 rubles per $ 1. On average, the rate has become equal to 63.38 rubles per $ 1 for the first a minute and a half. At the same time the euro exchange rate has been 71.02 rubles per 1 euro. A currency basket has increased by 25.5 kopecks, reaching 66.82 rubles.

“Interfax” experts attribute the weakened ruble with the reduced world oil prices as well as deteriorated sentiment in the capital markets due to the anxiety about the banking sector.

The trading session on Friday began with the fall on the Russian stock market. At the same time, the oil, which rose in price the day before by7% on the news of the OPEC agreements on the general reduction of oil production, is moderately going down on Friday morning. On the London Stock Exchange futures for Brent oil have fallen in price by about 1%, amounting to $ 48.6 per barrel.

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