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21 of August, 20:32

The ruble went into a dive, the dollar by 69 rubles, Euro 78 rubles more expensive

MOSCOW, Aug 21 - RIA Novosti/Prime, Dmitry Mayorov. The ruble against the dollar and the Euro in the evening came at the peak and lost about 1 ruble to the us dollar and almost 2 rubles - to the European one.

The price of oil approached $ 45 per barrel of Brent, updating multi-year lows and leading the trend to the fall of the ruble. The approach of the holiday aggravated the game against the national currency of the Russian Federation.

The dollar calculations "tomorrow" to 19. 27 GMT Friday increased by 80 cents to 68, 76, 1, 78 ruble to 78, 17 ruble, follows from the data of capital exchange.


The ruble during the trading session on Friday traded in a tangible disadvantage. The main Pressure on the ruble continued to come from oil prices. The pressure on them, just as for other risky assets, came from the instability in emerging markets after the next notable reduction in the Chinese stock market on the last working day of the week.

Current week becomes the eighth consecutive documented weekly reduction in price of "black gold" Is the longest period since 1986.

on the last working day of the week concerns about the oversupply of oil has increased after it was announced that the preliminary index of business activity PMI in the manufacturing sector of China's economy in the last month of summer fell to its lowest in 6, 5 years, level 47, paragraph 1, which is below the expectations of analysts, who had predicted the PMI level 47, paragraph 7.

Traders fear that a slowdown in the increase of China's economy will affect the oil demand of the country. In these circumstances, the Price of Brent crude updated multi-year low, having fallen in the territory of 45 dollars per barrel.

own negativity in the weak dynamics of the ruble also contributed to the growth of geopolitical risks because of the events in the South-East of Ukraine and the Korean Peninsula, says Sergei Kochergin from the organization Exness.

The dollar rate against this background, jumped on the last working day of the week to more than six-month high in the Russian market - in 68, 83 rubles. Thus, the Price of oil remains at the level of approximately 3, 1 thousand rubles per barrel of Brent.

Euro exceeded the next round milestone - 78 rubles - and when the evening was fixed above it on the back of strong dynamics on the Forex, where the European currency reached the level 1, 135 dollar for the first time in two months.


The drop in oil prices below $ 45 per barrel of Brent will open the route to dollar 70 rubles and above, believes Yury Kravchenko from IK " Veles Capital ".

"in this case we can not exclude a further reduction of the volume of ruble liquidity from the Central Bank at the peak of tax payments on August 25, and in the future revision of the current interest-rate policy in the direction of growth of the key rate," says Kravchenko.

If the price of "black gold" will continue to decrease, the decrease of the ruble will continue, says Irina Rogova from Forex Club.

"in such a situation it is possible the movement of the pair USD/RUB at the territory level 70. In addition, do not forget about the beginnings of currency wars: China devalued the yuan, the Kazakh tenge released to float freely, which led to his downfall day for 26% against the dollar. This entailed and the Fall of the Kyrgyz som, who said the historic minimum, " she added.

"This means that the Central Bank of Russia, it is not excluded, it will be necessary to refrain from interfering with interventions to maintain the course, as it is more expensive ruble could make Russian goods more competitive. Only the growth of prices for oil products at the territory level 48, 10 dollars per barrel can help the return of USD/RUB at the territory level 66, 4, " said Rogov.

sections: Politics

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