Dollar exchange rate exceeded 64 rubles


Moscow. October 27. The dollar on the Moscow stock exchange exceeded 64 rubles for the first time since 6 October, the ruble is falling against the dollar and the Euro amid the ongoing fall in oil prices and unstable situation on the world capital markets.

The US dollar was worth 64,038 ruble at 14:20, which is 1.02 rubles above the closing level of the previous trading session. The Euro at that point was 70,78 of the ruble, adding 1.12 ruble. The value of the currency basket ($0.55 and EUR0,45) rose by 1.07 ruble to ruble 67,07.

The depreciation of the ruble against the dollar and the Euro, driven by the fall in world oil prices, which depreciates for the second consecutive session in anticipation of future growth, energy reserves in the United States.

December futures for Brent crude on London’s ICE Futures exchange 14:08 have fallen in price on 0,69% – to $47,21 per barrel. Futures price for WTI crude oil for December in electronic trading on the new York Mercantile exchange (NYMEX) dropped by this time, 1.46% to $43,34 per barrel. On the eve of the quotations of both brands finished trading at its lowest level in two months.

The U.S. Department of energy will release inventory data for last week on Wednesday at 17:30 Moscow time. According to estimates of experts surveyed by Bloomberg, the oil reserves in the country rose by 3.1 million barrels. Over the last four weeks oil stocks in the USA increased by 5% to 477 million barrels, the highest level for this time of year since 1930.