MOSCOW, January 22. The ruble on Friday began trading on the Moscow exchange, with a sharp rise.
Kudrin: the peak of the crisis is yet to come
The dollar fell to RUB 3,63 relative to the closing level yesterday to reach 79 rubles, and Euro fell to 4,34 85,65 RUB to RUB.
When compared to the highs reached on Thursday, the dollar has fallen 6,99 rubles and euros for rubles. 8,05
The growth of the ruble against the background of a sharp rebound in oil prices up. So, on Friday, the price of futures for oil of mark Brent with delivery in March 2016 on the ICE stock exchange in London rose by 6.6% to $31.2 per barrel.
On Thursday President’s press Secretary Dmitry Peskov said that the sharp fluctuations of the ruble and oil prices – this is the usual volatility.
She and here and there occur jumps and we see the behavior of energy markets, we see that it concerns a sufficiently large number of countries and cannot leave without the influence of the world economy in General, which is part of Russia
He emphasized that what is happening in the economy should be perceived as vibrations.
What happens to the course of the ruble
On Thursday, the dollar against the ruble on the Moscow stock exchange has risen in comparison with level of closing of previous trading day by 4.59 RUB 85,99 RUB It on RUB to 5.89 above the high established on December 16 2014
About the ruble, the price of oil and the “pluses” of devaluation. Quote officials and experts
More expensive the dollar was worth only to the denomination of the ruble in 1998 At the exchange rate of the CBR on 30 December 1997 the dollar was worth 5 thousand 960 rubles the Euro exchange Rate yesterday jumped 5,06 rbl. to a mark of 93.7 RUB.
“Expectations of stimulus measures by the ECB has become a factor of some recovery in world markets, including oil futures, Brent was again close to the psychologically important level of 30 dollars per barrel”, – explains the dynamics of the market, leading analyst of investment group “OLMA” Anton Startsev.
On Thursday, the Euro has accelerated the decline against foreign currencies after the statements of the ECB head Mario Draghi that the European Central Bank may revise its policy in March. According to him, due to the growth risks that hinder the recovery of the Eurozone economy, the ECB may re-evaluate and revise the scale of economic stimulus in the Eurozone.-