The dollar on the Moscow stock exchange fell below 78 rubles

The dollar on the Moscow stock exchange fell below 78 rubles

MOSCOW, February 3. The dollar during trading on the Moscow exchange fell to 1,84 rubles relative to the closing level yesterday to reach USD 77.91 per rubles, while the Euro lost of 2.05 rubles to RUB 85,05

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About the ruble, the price of oil and the “pluses” of devaluation. Quote officials and experts

The growth of the ruble against the background of a sharp rise in oil prices. On grade Brent in particular quotes again traded above $33 per barrel, says expert “BCS Express” Ivan Kopeikin. So, today, the cost of futures for oil of mark Brent with delivery in April 2016 on the ICE stock exchange in London rose by 1.77% to $33,3 for barrel.

“However, while this movement is similar only to the local bounce and can be easily replaced with a new wave of sales, due to the continuing growth of production in the world”, – the expert believes.

Today oil futures stabilized due to the fact that traders have reduced speculative sale, waiting for the data of the Ministry of energy of the USA on stocks of oil (today at 18:30 GMT), adds senior analyst of investment group “OLMA” Anton Startsev.

In addition, some support for the ruble continues to have a moderately tight policy of the Central Bank, which last week kept its benchmark rate at current levels, and this week reduced the limit on operations 7-day REPO, drew attention Kopeikin.