The dollar exceeded 80 rubles

The dollar exceeded 80 rubles


Moscow. January 20. The dollar at auction Moscow stock exchange on Wednesday afternoon exceeded 80 rubles, having come nearer to a historical maximum. Earlier the Euro topped at 87 rubles.

The fall of the ruble against the dollar and Euro is due to a new powerful wave of lower oil, say experts “Interfax-CEA”. Oil quotations on Wednesday have fallen in anticipation of the publication of the data about oil stocks in the U.S. market that can show growth. The March futures for Brent crude fell by 10:00 CET approximately 2% to $28,2 per barrel.

On Tuesday, the International energy Agency published a report stating that it admits a further fall in oil prices in connection with access to the Iranian market and the slowdown in demand for raw materials.