The dollar rose against the ruble at the opening of trading on Thursday

Moscow. December 17. The dollar slightly increases, and the Euro decreased against the ruble on the Moscow stock exchange at the opening of trading on Thursday, while the ruble loses a bit against the bicurrency basket amid the continuing decline in world oil prices.

The first transactions in us dollar were held on Thursday on the Moscow exchange within 70,56-70,80 ruble in the first minutes of trading, the rate was 70,63 ruble (+23.4 penny to the previous closing mark). Euros in early trading 76,74 roubles (-9 kopeks). The bi-currency basket amounted to $ 73,38 rubles (growth by only 9 cents).

As a result, the dollar was at 22,88 penny above the current official rate, and the Euro – 30 kopecks below the official rate.

According to experts of “Interfax-CEA”, a small depreciation of the exchange rate of the ruble in early trading on 17 December is due primarily to the continuing decline in world oil prices. On Wednesday, WTI crude oil fell by 4.9%, as its stocks in the U.S. jumped to a high for this time of year since 1930. According to the U.S. Department of energy, commercial oil reserves in the country increased last week by 4.8 million barrels to 490,7 million barrels.

On Thursday, oil prices continue to decline after a sharp fall in the previous auction. In this case, the oil remains at the lowest levels in several years – since February 2009 for WTI, with the end of 2008 – for Brent. The cost of the February futures for Brent crude on London’s ICE Futures exchange at 10:00 Moscow time has decreased on 0,43% – to $37,23 per barrel. By the close of market on Wednesday, the quotation of these contracts has fallen to 3,46% – to $37,39 per barrel. Futures price for WTI crude oil for February in electronic trading on the new York Mercantile exchange fell on Thursday morning by 0.08% to $36,72 per barrel.