Moscow. December 18. The ruble fell against the dollar and Euro on the Moscow stock exchange in early trading Friday amid continued downward trend in the oil market and the negative dynamics of the capital markets. Dollar updates maximum levels since August, approaching the maximum for this year.
The first transactions in US dollar were held at ETS within 71,15-71,41 ruble, on average, two minutes the rate was 71,32 rubles (+14 kopeks to the level of the previous close). Euros in early trading 77,41 ruble (+49 kopecks). The bi-currency basket amounted to 74,06 rubles (+30 kopeks).
The dollar was at 74 kopecks above the current official rate of Euro for 77 copeck above the official rate.
Experts “Interfax-CEA” attribute the decline of the ruble with the remaining of the downward tendency in the oil market. The weak Brent oil rises in price on Friday, as WTI continues to fall amid rising energy reserves in the U.S., as well as interest rate hike by the fed.
The cost of the February futures for Brent crude on London’s ICE Futures exchange to 8:41 MSK rose to $0,11 (0,3%) to $37,17 per barrel. By the close of market on Thursday, the futures price fell $0.33 (0,88%) – to 37,06 per barrel.