According to the Moscow exchange, the dollar calculations “tomorrow” grew up 77,60 of the ruble, the Euro – to-84,90 of the ruble against the background of weak dynamics of the oil market.
MOSCOW, 15 Jan. Dmitry Mayorov. The ruble against the dollar and the Euro on Friday night ranged in appreciable drawback, though moved up a little more than the annual minima set by day.
Care of oil below the psychologically significant level of 30 dollars per barrel of Brent is the main factor of pressure on the Russian currency.
The dollar calculations “tomorrow” to 18.42 MSK grew by 1.54 ruble — to 77,60 of the rouble, the Euro rate — on 2,29 ruble — to 84,90 ruble, follows from the data of the Moscow exchange.
Below $ 30 per barrel
The ruble during the session on Friday remained under severe pressure due to weak dynamics of the oil market.
Care the oil price below the key level of $ 30 provoked a series of updates ruble lows more than a year. So, first, the Euro exceeded the level of 84 rubles, and then rubles and 85, which were observed from December 2014.
“Horror story” for the oil market remain waiting on Iran. Sanctions against Tehran could be lifted in the near future that will allow him to increase oil exports to already oversupplied world market. The country is preparing to send hundreds of thousands of barrels of oil per day to India, the fastest-growing oil market in Asia, and several European consumers.
Earlier in January, Iran’s Ambassador to Russia said Tehran was awaiting a decision on the lifting of EU sanctions in the coming days after confirmation by the IAEA of compliance with the nuclear provisions of the July agreement on Iran. After that, it became known that the EU has postponed the lifting of economic sanctions against Iran until January 28 as part of the technical measures required prior to confirmation of the agreement on the Iranian nuclear program.
In the end, the evening oil fluctuated about a level of 29.5 per dollar. However, the ruble has attempted to stabilize, slightly recovered from the lows of the day.
Prognozy and recommendations
Despite hopeless now, the situation of the ruble at current oil prices, weakening happens at a much slower pace than could be, for example, a year ago, evaluates Yuri Kravchenko from IK “Veles Capital”.
Thus, the cost of a barrel of Brent has fallen already below 2.3 thousand rubles.
“In the case of a further slide in oil prices to marks of 25 dollars per barrel, the domestic currency remains nothing how to continue to fall further, however, while the weakening of the ruble against the dollar is probably limited to a mark of 80 rubles,” — he added.
Until you deploy raw materials, about the rebound in the dollar and the Euro could not be and speeches, says Dmitry Gurkovsky from RoboForex.
“The factor of the tax demand to count seriously hardly worth it. This means that on Monday, the us currency could be in the range 76,90-77,85 ruble, Euro — in the hallway 84,10-86,0 ruble”, — he added.