The exchange rate of the dollar fell to the lowest level since the summer of 2015


Trading currency on the Moscow stock exchange opened on Thursday a new strengthening of the ruble. After a few minutes the dollar lost 26, 6 COP., at minimum amounting to RUB 56,3439 Is the minimum value more than one and a half years — the last time below of 56.4 RUB the dollar fell on 13 July 2015.

Simultaneously, the Euro fell by approximately 40 kopecks. At a minimum, the Euro fell to RUB 60,527 that was the lowest reading since February 22, 2017.

Strengthening of ruble happens against the backdrop of rising world oil prices, which continue to grow for a third consecutive day. The day before, on 29 March, a barrel of Brent crude on the ICE futures exchange rose more than 2%, which experts associated with the release of data on the growth of refining volumes in the United States.

On Thursday, the price of a barrel of Brent crude on the ICE futures exchange rose to $52,69, approximately 0.3% above the closing level of the previous trading session.

“In General in the near future will continue the upward trend of oil ($53-55 per barrel)”, — the analyst PSB Ekaterina Krylova.

By 10:40 MSK cost of a barrel of Brent crude on the ICE futures exchange was $52,56, the dollar on the Moscow stock exchange reached 56,36 RUB, EUR — RUB of 60.56

On March 27, the FT and Bloomberg interviewed experts said that the fall in the dollar to all top ten currencies included in the Bloomberg Dollar Spot Index, suggests that “trump factor” — rally in the markets due to the high expectations of the new economic policy is eroding, and the mood of risk-off (flight risk) increases.

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