MOSCOW, January 21. The dollar rate against the Russian currency may rise to 100 rubles, if the price of Brent crude oil will fall below $20 per barrel. This opinion was expressed by the expert of the Bank Societe Generale Bernd Berg, according to Bloomberg.
See also
Kostin: the ruble will hardly ever get back to the value of 60 rubles per dollar
“The fall of the ruble is much faster than other currencies, while there is a panic selling of the Russian currency beyond the dollar, the mark of 80 rubles”, – the analyst of Bank.
He also believes that the elimination of ruble assets amid falling oil prices reinforces the weakening of the ruble.
The ruble began to cut losses against the dollar and Euro. So, as of 14:15 Moscow time the dollar fell back from the high of today’s trading on 1,59 rubles to 84.4 RUB and Euro – RUB 1.75 RUB 91,95
Earlier today, the dollar against the ruble on the Moscow stock exchange has risen in comparison with level of closing of previous trading day by 4.59 RUB 85,99 RUB It on RUB to 5.89 above the high established on December 16 2014
More expensive the dollar was worth only to the denomination of the ruble in 1998 At the exchange rate of the CBR on 30 December 1997 the dollar was worth 5 thousand 960 rubles. the Euro jumped today on of 5.06 rubles to the level of 93.7 RUB.
See also
The fluctuations of the ruble. Chronicle of events
