The exchange rate of the dollar fell to the lowest in almost two years


The dollar against the ruble on the Moscow stock exchange has fallen 24 April 2017 to the level of 55,766 RUB 68,9 kopecks below the closing level of the previous trading session. At the peak of falling exchange rate of the dollar reached the lowest level in almost two years — the last time below $ 55,8 RUB the dollar fell on 3 July 2015.

Exchange Euro to ruble exchange rate on Monday rose amid reports that leader in the first round of the presidential election in France was a former Minister of the economy and the founder of the movement “Forward” Emmanuel macron, who managed to bypass the head of the “National front” marine Le Pen.

At the peak of growth the value of the Euro on the Moscow stock exchange rose 24 April to 60,938 RUB, 36.8 kopecks. above the closing level of the previous trading session.

The Euro against the dollar on the world currency market has jumped today to $1,0937, which is almost 2% higher than the closing level of the previous trading session.

According to the chief analyst Nordea Bank Denys Davydov, the ruble remains attractive due to the influence of the tax factor and the recovery in oil prices and increased optimism about risky assets after the outcome of the first round of the presidential elections in France.

“However, the second half of the week may be much less positive for the Russian currency. Gradual extinction of electoral optimism, continued geopolitical risks, the upcoming long weekend, weak oil prices and the decision of the Central Bank at a rate — all this will prevail over the ruble, which in the end may be restrained to recede”, — said Davydov.

By 13:10 GMT the dollar on the Moscow stock exchange amounted to 55,8289 Euro — 60,662 RUB.

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