Stock market quotes, forex, financial news, forex tools – money-investing.com

The Russian ruble is stable at the start of the bidding process

 Breaking News

The Russian ruble is stable at the start of the bidding process

The Russian ruble is stable at the start of the bidding process
October 24
10:30 2016

At the beginning of the day the Russian currency has remained stable against the dollar and euro at the Moscow Stock Exchange due to the insignificant fluctuations of the global oil prices.

The bidding on the US dollar has started with transactions within 62,35-62,42 rubles. On the average, the exchange rate has become equal to 62.37 rubles in the first a minute and a half. This time the euro has remained nearly unchanged in price and amounted to 67.91 rubles. The currency basket has increased by 0.5 kopecks and amounted to 64.865 rubles.

At the same time the US currency has become 8 kopecks lower than the current official exchange rate; the euro – 12 kopecks below the official rate.

According to the analysts from “Interfax-CEA”, the fact that the ruble is hesitating insignificantly, can be explained by the consolidation at the oil market. The quotes have slightly fallen on the early Monday morning, but they have stopped the decline by the time of the start of the currency trading. To the beginning of the day the futures contracts for Brent crude oil have fallen in price by less than 0.1% and totaled to $ 51.75 per barrel on the London Stock Exchange.

Related Articles

4 Comments

  1. Lyndon Marchaland
    Lyndon Marchaland September 19, 11:03

    Hi there, You’ve done a great job. I’ll certainly digg it and for my part recommend to my friends. I am confident they’ll be benefited from this site.|

    Reply to this comment
  2. Yadira Sarantakis
    Yadira Sarantakis October 06, 11:27

    Highly descriptive article, I liked that bit. Will there be a part 2?

    Reply to this comment
  3. Luvenia Spratlen
    Luvenia Spratlen November 13, 04:37

    This is some great information. I expect additional facts like this was distributed across the web today.

    Reply to this comment
  4. mama bear
    mama bear November 26, 09:45

    Thank you, I have recently been looking for info approximately this subject
    for ages and yours is the best I have discovered so
    far. However, what in regards to the conclusion? Are you certain about the supply?

    Reply to this comment

Write a Comment