The ruble rose on the decision of the Central Bank of the Russian Federation on preservation of the key rate


Moscow. October 30. The ruble strengthened growth, the dollar and lost more than the Euro after reports the Central Bank of the Russian Federation on preservation of the key rate.

The dollar at 13:32 MSK amounted to 63.9 ruble, losing 50 cents to the previous closing. The Euro at that point was 70,45 of the ruble, a decrease of 23 cents from its previous closing.

Both currencies were trading around 30 cents higher, up to the moment when the Central Bank announced the decision to keep the key rate at 11% per annum, experts say.

The regulator took the decision considering the preservation of significant inflationary risks. With the slowdown of inflation in accordance with the forecast of the Bank of Russia will resume the reduction of the key rate on one of the next meetings of the Board of Directors, said in a statement the Central Bank. The next meeting of the Board of Directors of the Bank Russia, which will address the issue of the level of the key rate, scheduled for December 11, 2015.