Euro for the first time in two weeks exceeded 89 rubles

Euro for the first time in two weeks exceeded 89 rubles


Moscow. February 9. Pressure on the ruble intensified in the evening on Monday, amid falling oil, Euro for the first time in two weeks rose on the Moscow stock exchange above 89 rubles.

The Euro reached a mark 89,04 of the ruble in 16:36 GMT, adding at this point 1,135 rubles. The dollar at this point has reached 79,01 ruble (an increase of 0.465 of the ruble to the level of the previous close).

The decline of the ruble against the background of increasing world prices of crude oil: the price of April futures for Brent crude on London exchange ICE Futures at 16:30 Moscow time fell by more than 1% to USD 32.5 per barrel.

A negative factor for the oil market was the fact that the International energy Agency increased its earlier forecast of a surplus of oil on the world market in the first half of 2016 to 1.75 million barrels a day from the previously expected 1.5 million b/d, reports Bloomberg.