“The ruble is almost unchanged against the dollar and the Euro on the background of stable oil

Moscow. 27 Oct. INTERFAX – the U.S. Dollar and the Euro is almost unchanged on the “Moscow stock exchange” at the opening of trading on Friday, the ruble is stable against the currency basket in the absence of obvious changes in the price of oil.

The first transactions in US dollar were in the range 57,85-57,86 rbl./$1, at the end of the first minute of trading, the rate was 57,86 RUB/$1 (+0.5 penny to the previous closing). The Euro dropped to 68,36 rubles/EUR1 (-4,5 penny), the cost of the currency basket ($0.55 and EUR0,45) fell by only 1.75 pennies compared to the closing level of Thursday, up to 62,14 of the ruble.

The dollar has been by 9.57 penny above the level of the current official exchange rate of the Euro – 91.9 per penny below the official rate.

According to experts of “Interfax-CEA”, the ruble is stable against the currency basket in the absence of obvious changes in the price of oil. Oil prices reference marks are weakly changed in Friday trading after rising Brent to its highest level in two years, optimism regarding the extension agreement to limit oil production. The price of January futures for Brent crude on London exchange ICE Futures at 10:03 Moscow time has grown on 0,05% – to $59,07 per barrel. The December contract for WTI crude oil in electronic trading on the new York Mercantile exchange (NYMEX) by this time has fallen in price on 0,04% – to $52,62 per barrel.

In addition, bidders do not take action in anticipation of the meeting of the Central Bank of the Russian Federation, which will decide whether to change its key rate.

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