The ruble turned down after a morning of growth amid falling oil prices


Moscow. April 21. The US dollar rises, Euro falls slightly on the Moscow stock exchange on Friday afternoon; the ruble decreased slightly against the currency basket amid falling oil prices.

The US dollar made up 56,33 rubles/$1 in the 15:00 GMT, which is 13 kopecks above the closing level of the previous trading session. While the Euro was worth 60,23 rubles/EUR1, losing only 1.5 pennies. The cost of the currency basket ($0.55 and EUR0,45) rose 6.5 cents, to 58,08 of the ruble.

At the end of the index session of the Moscow stock exchange (part of the session dollar calculations “tomorrow” in the period from 10:00 p.m.-11:30 GMT) the Bank of Russia lowered the official rate of the dollar on the weekend and Monday by 18.58 cents, to 56,23 rubles/$1, and lowered the Euro by 29.52 cents, to 60,32 RUB./EUR1.

According to experts of “Interfax-CEA”, the ruble turned lower after a morning of growth amid falling oil prices. Quotations of “black gold” showed this week, the sharpest decline since March on concerns about the persistence of excess supply on the world market. The cost of June futures for Brent crude on the London ICE Futures exchange to 15:00 Moscow time has decreased on 0,09% – to $52,94 per barrel. Futures price for WTI crude oil for June on the electronic trading on the new York Mercantile exchange (NYMEX) decreased by this time by 0.24% to $50,59 per barrel. Since the beginning of the week, the reduction in the cost of Brent amounted to about 5.3%, WTI is 4.6%.

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