The ruble is increasing and has compensated the losses from penalties USA and SP with Boeing

Dmitry Mayorov. The ruble against the dual currency basket in early trading continued to correct upwards And has compensated the drop that occurred on 17 July on the news about new sanctions from the US And the collapse of the Malaysian ship in the East of Ukraine.

The dollar exchange rate calculations " tomorrow " to eleven. 38 GMT were down 16 cents to 34, 83 of the rouble, the Euro Rate - 27 kopecks - to 46, 89 roubles, follows from the data of the capital market. The cost of the currency basket (0, 55 dollars And 0.45 euros) were reduced by 21 kopecks in comparison with level of the last closed And was equal to 40, 26 roubles.

the decrease in geopolitical risks helps ruble to rise against the background of sales of exporters ' foreign currency proceeds for replenishment of ruble liquidity in the framework of the tax period in Russia. The reduction of risks caused by the message (with a link to the authorized U.S. intelligence) about the fact that North America does not have evidence of belonging of the Russian Federation to the fall of the Malaysian Boeing 777 in the East of Ukraine.

against this background, the transfer on Thursday decision of the EU on sanctions against Russia also shows a reduction of risks And ruble helps to restore the lost. While officials emphasize that the restoration of the rouble is trading on speed, comparable with last Thursday, when there was panic selling of Russian currency.

FORECASTS AND tips

" reducing aggressive geopolitical factor after the voting in the UN security Council And lack of surprise from the meeting of the Council of Federation of the Russian Federation resulted in the increase of the ruble. Implementation of currency proceeds to pay the mineral extraction tax And excise tax, which will be held on the last working day of the week, and the preservation of the deficit of liquidity on the domestic money market, creates for the rouble against comfortable rules " - says the analyst of Bank " Zenith " Vladimir yevstifeev.

" However, the correction movement of the Russian currency may not misleading. The ruble remains hostage poorly predictable geopolitical position, which reflects the increased volatility on the Russian platforms. The situation in Ukraine And the relations of Russia And Western countries have the opportunity to become ruble is not less important already in the week, the End of the tax period of July ", he added.

" The appetite for risk on external markets is high, the American markets have reached highs, Asia increases. All this together with the activity of exporters helped the ruble cross the mark of 35 against the dollar. However, as long as this level can be a point of attraction, because tomorrow, the market will wait for a new meeting of the Ministers for foreign Affairs of EU on the issue of sanctions, " said Valery Evdokimov from Nordea Bank.

The lag of the ruble against the currencies of other emerging markets declined slightly, but the prize for geopolitical risks anyhow anywhere, not lost, says Maxim Korovin from the organization " VTB Capital ".

" The most likely scenario for the coming days we believe the consolidation of the dollar in the range of 34, 8-35, 2 roubles. At that, the chances that he will test the lower boundary of the corridor, currently very high. For example, the Rouble is likely to get more support from the CBR - if the signal that the regulator decides to send the market, will highlight the possible tightening of monetary policy, " he added.


sections: Politics