Russian Information Network
Russian All News Top 10 News News Export Photo magazine All comments
 Russian News Russian News 
Politics
Society
Economics
Accidents
Nature & Health
Hi-Tech
Culture
Sport
Celebrities
World News
 


  Politics 
7 of August, 14:00

The ruble remains under pressure uncertainty of the oil market


MOSCOW, Aug 7 - RIA Novosti/Prime, Dmitry Mayorov. The ruble in the first part of the day proceeded to reduce on the background as long as unsuccessful attempts of oil to gain a foothold at the level of 50 dollars per Barrel of Brent.

The dollar calculations "tomorrow" to 13. 06 MSK grew from its previous closing at 0, 23 ruble To 64, 25 rouble, the Euro Rate at 0, 30 rubles, 70, 21 ruble, follows from the data of capital exchange.

A barrel of Brent crude oil is trading around 49, $ 2.


The ruble on the last working day of the week has switched from increase to decrease After the price of oil, which Until didn't stay at the key level of 50 dollars per Barrel of Brent.

Traders await the July statistics on the U.S. labour market (will be released on Friday). Analysts predict the level of unemployment in the United States in July at around 5, 3% and an increase in the number of jobs in nonagricultural sectors of the economy to 225 thousand.

The growth in the number of jobs in non-agricultural sectors may indicate the expansion of the retail demand in the short term. Strong statistics should help the sentiment on the market because of excess supply in the market in the last few months was the strongest deterrent.

on the background of fluctuations in the cost of oil, the ruble continues its movement, repeating the dynamics of the value of " black gold ".


External background, which Western markets and expectations the publication of data on the U.S. labour market for July to have the opportunity to make adjustments, says Dmitry Savchenko from Nordea Bank.

"Before the publication of key statistics in the United States the Ruble can be traded in a sideways range. If stats will be better than expected, which is Possible, then the dollar may add to the increase in the probability of growth rates by the fed. If we talk about medium-term trends, with the stabilization of oil around $ 50 a Course can return to 60 rubles. But Until then, the volatility can be high, " he added.

The ruble in the medium-term cut looks Not much worse than their peers, says Vladimir Evstifeev from the Bank " Zenit ".

"in practice, during the period from January of this year it has grown rapidly, And is being adapted, under the pressure of oil prices. Do not forget about the Ukrainian factor, which is specific to the Russian Federation. But the weak economy is a common feature of most emerging markets that are facing a mass Exodus of foreign capital and declining raw material", he said.

Internal drivers for the ruble at an oil price below $ 50 per Barrel are missing. In the current situation, the Ruble is tied to the behavior of oil prices and other factors of its dynamics, Not to distract. A positive point is that on the local currency market there is no panic, market players coolly adjust the Price of the ruble After oil. The range of the price per barrel in 50-45 $ matches the dollar 63-68 rubles, 55-50 $ 58-63 of the ruble, " said Evstifeev.

"If the price of a barrel of oil will return to a more comfortable for the Russian budget Range 50-60 dollars, we support have the opportunity to perform and Internal factors: the surplus on the current account, high rate on assets denominated in ruble, still in relation to the high level of international reserves," - said the expert.


sections: Politics

123727
eng
ON THIS THEME:
[View all comments] [Print]
  User Comments 
[Add comment]

There are no comments for this article yet. Be first to post a comment!
[Add comment]
  Headline 
Kiev is planning in 2018 to expand broadcasting in Crimea

16 of December, 17:04

Kiev is going to make a wider broadcast of the Ukrainian TV and radio channels in the Crimea, said a member of the national Council of Ukraine on television and radio Sergey Kostinsky.

  Worth to read 
Elections in Poland: leader "Right and justice"


Elections in Poland: leader "Right and justice"25,74 % voters voted for the party "Right and justice". The liberal party "Civil platform" - 23,31 %...
 Russian fighter showed worthlessness of Lithuanian air defence force


Russian fighter showed worthlessness of Lithuanian air defence forceRussian air forces commander-in-chief Vladimir Mikhailov told that in speech in pilots combat training...

Khodorkovsky lodges supervisory complaint


Khodorkovsky lodges supervisory complaintMichael Khodorkovsky is going to make a supervisory complaint on his sentence. That his barristers said,...
 Khodorkovsky lawyer Robert Amsterdam threatened arrest in Russia


Khodorkovsky lawyer Robert Amsterdam threatened arrest in RussiaHe told unknown earlier details of his recent deportation from Moscow.

Roscosmos returns American astronaut only for money


Roscosmos returns American astronaut only for moneyRussia fulfilled all obligations of free NASA astronaut delivery to MKS, therefore the further cooperation...
 NATO plans Kazakhstan`s military budget


NATO plans Kazakhstan`s military budgetNATO suggested Kazakhstan to help in military planning, military budget composition and officers retraining....

  Politics 
Sort by: date rating
Nebesa and Klimkin joined the debate at a meeting of the UN security Council on DPRKThe US has declared its intention not to violate the INF Treaty
The Central Bank told about the reasons of rehabilitation PSBRussia and Egypt have agreed to resume regular flights
Russia and Egypt have agreed to resume flightsIn St. Petersburg detained a man wanted to blow up the Kazan Cathedral
Ulyukayev was sentenced to eight years in a strict regime colonyThe defense Ministry has accused the Pentagon deception of the world community
"Angarsk maniac" will be judged on 60 new episodesZvyagintsev's film "Dislike" was included in the shortlist for the award "Oscar"
The film Andrei Zvyagintsev's "Dislike" was included in the shortlist for the award "Oscar"In the Federation Council called on Russian athletes to carry on the Olympics flags of the regions
A Frank conversation. Key points of Putin's meeting with journalists"Do you want independence?" The key points of Putin's conversation with journalists
Anecdote from Putin and the brightest quotes from a press conferenceThe su-34 bombers returned to Khabarovsk Krai from Syria
From the ISS undocked "Soyuz MS-05" with three astronautsIn Canada passenger plane crashed
At the University of Pennsylvania shooting occurred, there are victimsPeskov explained what caused the information war against Russia
 1  2  3  4  5  6  7  8  9  10 >> 5234
 Day headline Day headline 
In DND stated that the security forces underestimate the number of casualties in the Donbass

16 of December, 15:04

 
 News of the week News of the Week 
  • Kiev is planning in 2018 to expand broadcasting in Crimea
  • In DND stated that the security forces underestimate the number of casualties in the Donbass
  • Approved a new crew that will travel to the ISS
  • USA create of is militants* new armed groups in Syria
  • The head of the Pentagon promised to deal with the air incident between the US and Russia in Syria
  • Kadyrov told the details of the operation to return from Syria two children
  • In Canada, the pharmaceutical tycoon's wife found dead in the basement of the house
  • The named leader voting on the name of the bridge across the Kerch Strait
  • The US has declared its intention not to violate the INF Treaty
  • The Central Bank told about the reasons of rehabilitation PSB

  •  Photos Photos 
    Water finale for Twilight lovers
    Britney and her boyfriend spent 48 hours shut in luxury hotel room
    Hilary Duff Is Engaged
    How to revive your sex drive
    Joel Madden says Nicole Richie brings out the best in him
    Virtual Visiting Cards
    Tests
    Game Server


     News by regions News by regions 
    Far East region
    Volga region
    North-West region
    Siberian region
    Ural region
    Central region
    Southern region

     Subscribe Subscribe 
    Name  
    E-mail   
    Type HTML TEXT
    All sections
    Politics
    Society
    Economics
    Accidents
    Science & Technics
    Culture
    Sport
    In the World
    Top 10 today
     once per 3 hours
     once per 6 hours
     once per 12 hours
     once per 24 hours


     
     
     
    Politics Society Economics Accidents Nature & Health Hi-Tech Culture Sport Celebrities World News
      Copyright © RIN 2005-2006 * Feedback