The dollar on the Moscow exchange for the first time this week rose above 69 rubles, reaching the maximum level 69,048 rubles, which is 57,8 kopecks. above the closing level yesterday. During today’s trading, the dollar dropped below 68,5 rubles, but after the transition of oil prices into the red zone, the ruble began to weaken.
The low cost of futures for oil of mark Brent with delivery in June 2016 fell today to $39,64 per barrel (-3%), the price “may” futures fell and did up to $39.
Analysts believe that, along with news of the oil market, pressure on the ruble today, waiting for news from the Federal reserve, the head of which Janet Yellen needs to explain to investors the position of the regulator.
“Today the attention of market participants will be focused on the speech of the fed Janet Yellen, from which they could make the assumption about the possible timing of the next rate increase”, – stated in the report of analysts of Bank “URALSIB”.
In turn analysts from Sberbank CIB suggest that Janet Yellen will demonstrate optimism, and it “should positively affect the rate of the dollar in the short term”.
The official dollar rate set by CBR on 30 March (68,7549 RUB/$), exceeded today’s rate by almost ruble. The official Euro exchange rate climbed 1,1636 rubles from 30 March it is installed CB level 76,8611 RUB.
To 16.55 GMT the cost of the June futures Brent crude on the ICE stock exchange was $39,69 per barrel, the dollar at the Moscow exchange reached RUB 68,973, while the Euro – 77,278 RUB.