On the Moscow exchange has accelerated resumed after lunch, the depreciation of the ruble. The Euro for the first time in two weeks rose above 89 rubles., the maximum reached 89,188 rubles, 1,283 rubles above the closing level yesterday.
Simultaneously, the dollar has passed for 79 rubles To the maximum, it rose to 79,089 RUB 54.5 copeck above level of closing of the trades on 8 February.
The ruble’s decline accelerated after a new fall in oil prices. During today’s trading on the stock exchange ICE futures price for Brent oil for delivery in April 2016 rose to $33,56 per barrel, but then fell to $32,45.
“Brent could test $32/bbl. in the coming days, which means that the dollar/ruble will storm 80 rubles a Key event of the week will be the speech of the head of the U.S. Federal reserve on Wednesday, where markets may receive a signal regarding future monetary policy of the regulator,” said an analyst at Nordea Bank Denis Davydov.
Earlier Tuesday, the head of experts of commodity markets Goldman Sachs Jeff Currie warned that before in the oil market will be able to balance the volumes of supply and demand, volatility will remain elevated — and as a result oil prices could fall even below $20 per barrel.
By 17:10 Moscow time the price of a barrel of Brent on ICE was $32,57, the value of the dollar on the Moscow stock exchange — 78,85 rubles, Euro RUB 88,91
According to the updated forecast of Morgan Stanley, in January—March 2016 the average value of the dollar in Russia will amount to approximately 82 rubles, and in the last three months of 2016 will reach 87 rubles.