Exchange rate of the Euro fell to the lowest level since November 2015


Exchange rate of Euro during trading on the Moscow stock exchange has decreased against the ruble to RUB 69,37, updating at least since November 2015. Then the minimum figure was 69,06 RUB/€1.

The ruble strengthened against the background of rising world oil prices. Yesterday cost of futures for oil of mark Brent with delivery in December 2016 for the first time in 4 months rose to above $52 per barrel.

At the close of trading the Euro against the ruble reached RUB 69,43 the Dollar fell to RUB 62,11, but at the close of trading the U.S. dollar exchange rate amounted to RUB 62,18

“On Thursday, the pair dollar/ruble fell to a minimum 62,11 to RUB against the background of the passage of oil quotations a new high since June this year. However, to keep the ruble failed, and by the end of the day, the ruble against the dollar has returned to the mark of 62.3 RUB on Friday, the markets will focus on another batch of data on the labor market in the United States, if the price of oil will maintain the positions above $52 per barrel, we can not exclude new attempts to strengthen the ruble in the direction of RUB 62 against the dollar,” — said a senior analyst IK “Veles Capital” Yuri Kravchenko.

19:22 MSK cost of a barrel of Brent on the ICE exchange is $52,46.

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