Friday, January 22, 2016

The dollar fell below 78 rubles – Sight

The ruble on Friday trading on the Moscow stock exchange has appreciated against the dollar to 4.71 ruble to the level of 77.92 rubles, against the euro – by 5.75 rubles to 84.24 rubles.

In this case, with respect to yesterday’s highs the dollar fell to 8.07 rubles already. and the euro – at 9.46 rubles. Against the background of a sharp rise in the ruble RTS dollar index jumped by 10.07% to the level of 695.8 points, reports Tass.

The growth of the ruble against the background of a sharp rebound in oil prices upward. So, today the price of futures for Brent crude for delivery in March 2016 on the ICE exchange in London rose by 8.4% – to 31.7 dollars per barrel.

Earlier on Friday reported that world oil prices continue to rise in the course of trading on Friday: the price of the March contract for Brent crude on London’s ICE Futures Exchange to 14.13 MSK increased by almost 7% to $ 31.26 per barrel.

Oil prices have moved to increase on Thursday evening and continued to rise on Friday morning. Brent crude oil rose to almost $ 29 per barrel, while the price of WTI crude oil broke the barrier of 30 dollars. Following them, and strengthened the ruble. The euro fell below 90 rubles, the dollar fell below 83 rubles.

Meanwhile, the head of the Bank of Russia Elvira Nabiullina said that the dependence of the Russian economy and the ruble exchange rate on oil prices decline.

The head of Sberbank German Gref said that the average price of oil will not fall below $ 30 a barrel, saying he did not expect long-term preservation of high volatility in the oil market.

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