Moscow. April 26. The dollar during trading on the Moscow exchange on Wednesday evening updated its maximum since April 12, rising above 57 rubles
According to experts of “Interfax-CEA”, the visible growth of the Euro and the dollar against the ruble on the day the auction environment due to the continuing fall in price of oil and lower demand for ruble liquidity due to the completion of major tax payments. The reluctance of players to open long positions on the ruble is also due to expectations of a possible reduction of the key rate of the Bank of Russia meeting on Friday and fears that the Russian authorities can start countering the strengthening of the national currency, which follows from the words of the President of Russia Vladimir Putin.
Oil prices reference marks down on Wednesday on fears of another increase in fuel stocks in the United States. Official data on reserves will be published by the U.S. Department of energy on Wednesday, and experts expect reduction of stocks of oil by more than 1 million barrels. However, as reported yesterday, the American petroleum Institute (API), oil stocks in the USA last week grew by 897 thousand barrels.