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The ruble has slightly fallen against the US dollar at the start of the session

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The ruble has slightly fallen against the US dollar at the start of the session

The ruble has slightly fallen against the US dollar at the start of the session
October 04
10:30 2016

On Tuesday morning the US dollar is slightly increasing on the Moscow Stock Exchange. The euro is insignificantly hesitating within the minimum against the Russian currency. The ruble has slightly sagged against the dollar due to the mild downward correction of oil prices.

The first deals on the dollar were held within 62,4-62,49 rubles per $ 1during the session on Tuesday. The exchange rate has become equal to 62.45 rubles per $ 1 for the first 1.5 minutes of the trade. Wherein, on the average the euro has become equal to 69.78 rubles per 1 euro. A currency basket has increased by 9 kopecks and has become equal to 65.75 rubles.

Herewith, one of the deals on the euro was made at the mark of 69.695 rubles per 1 euro. This has become a new minimum point for the euro over more than 2 months.

The US dollar has become 10 kopecks lower than the current official exchange rate; the euro – by 36 kopecks below the current rate.

Analysts at “Interfax-CEA” believe that the slight fall of the ruble against the dollar has been caused by the weak downward correction of oil prices after the jump on Monday.

A day earlier Brent crude oil rose in price to the maximum level of 3 months and was equal to $ 50.9 per barrel. This was due to the new stage of inspiration about the agreement among the OPEC members. On Tuesday morning December futures for Brent crude oil have fallen by 0.6% amounting to $ 50.55 per barrel on the London Stock Exchange.

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