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On Wednesday morning the Russian ruble has risen against the dollar and euro

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On Wednesday morning the Russian ruble has risen against the dollar and euro

On Wednesday morning the Russian ruble has risen against the dollar and euro
October 05
10:30 2016

On Wednesday the US dollar and the euro have fallen at the start of the trading session at the Moscow stock exchange. The Russian ruble shows the growth amid rising oil prices.

On Wednesday the first transactions on the dollar have been held within 62,48-62,55 rubles per $ 1. On average, the rate has become equal to 62.51 rubles per $ 1 for a half and a minute. The euro costs 70.12 rubles per 1 euro. The currency basket has fallen by 15 kopecks and became equal to 65.935 rubles.

The US dollar is 8 kopecks higher than the current official exchange rate, the euro is 36 kopecks higher that the official exchange rate.

The analysts at “Interfax-CEA” think that the Russian currency is strengthening because oil prices began to grow up on Wednesday morning.

To the beginning of the day futures contracts for Brent crude oil for December have increased by almost 1%, amounting to $ 51.35 per barrel on the London Stock Exchange. Oil quotes have been fixed at about a maximum mark for three months.

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