MOSCOW, January 22 Dynamics of the ruble in recent days demonstrates the depth of problems of the Russian economy, primarily its dependence on oil prices, told reporters Deputy Finance Minister Sergei Storchak.
“Recent experience shows only one ruble shows us exactly the depth of the structural problems, the main is prohibitive role in the financial wellbeing of the state’s oil and gas,” he said.
In particular, Storchak has reminded that today the market is the strengthening of the ruble. “Today was a rollback, ruble strengthened against the background of rising oil prices”, – he said.
The ruble began today’s trading on the Moscow exchange, with a sharp rise. The dollar fell by 2.82 ruble relative to the closing level yesterday to mark 79,81 of the ruble and the Euro fell on 3,52% 86,47 ruble.
The growth of the ruble against the background of a sharp rebound in oil prices up. So, today, the cost of futures for oil of mark Brent with delivery in March 2016 on the ICE stock exchange in London rose 5.3% to $30,5 for barrel. In addition, prior to the opening of trading on the Moscow exchange Brent crude oil price exceeded the mark of $31/bbl.
On Thursday, 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 rubles and amounted to 85,99 ruble. This is on of the ruble to 5.89 above the maximum set on 16 December 2014.
The ruble is falling and growth