Fluctuations of the ruble alerted Peskov

Moscow. December 15. The President’s press Secretary Dmitry Peskov said that the Kremlin has aroused the suspicion of the fluctuations of the ruble due to the fall in oil prices, however, the subject dealt with by the Cabinet of Ministers.

“It is, rather, the subject of the government. Of course, such currency fluctuations is called, of course, alertness, and, of course, very closely watching us,” Peskov said.

He added that “under discussion”.

The question of what level oil prices will be critical for the economy of Russia, Peskov also addressed to the government.

On the morning of Tuesday the dollar fell slightly and the Euro has grown against the ruble on the Moscow stock exchange. The first deals by dollar were within 70,37-70,51 of the ruble in the first minutes of trading, the rate was 70,40 ruble (occupies 15,5 a penny to the previous closing mark). Euros in early trading 77,77 ruble (+20,9 penny). The bi-currency basket amounted to 73,716 of the ruble (rising by just 1 penny).

According to experts, the ruble tries to stabilize in anticipation of possible positive correction in global oil exchanges. The oil Minister of Nigeria and OPEC’s President Emmanuel IBE Cacique said that OPEC may need to hold a “very urgent meeting”, if by February 2016 oil prices will not begin to grow. At the meeting of the 4 December OPEC decided not to adhere to the established quotas and intends to maintain the actual level of production, amounting to about 31.5 million barrels a day.

The cost of the January futures for Brent crude on London’s ICE Futures exchange at 10:10 Moscow time has decreased on 0,45% – to $37,75 per barrel.