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20 of February, 19:02

Ruble evening came under pressure before a long weekend

MOSCOW, 20 Feb - RIA Novosti/Prime, Dmitry Mayorov. The ruble-to-evening fell against the dollar was stable against the Euro. High geopolitical risks and the oil market are pushing players to the acquisition of foreign currencies against the ruble Before a long weekend in the Russian Federation.

The dollar calculations "tomorrow" to 18. 05 MSK increased by 0, 3 rubles to 62, 2 ruble, the Euro fell by 2 kopecks - 70, 24 rubles of capital data exchange.

The price of Brent to this hour was up by 0.1% to 60, 18 dollars per barrel.


The ruble during the trading day Friday showed multidirectional vibrations. So, in the first part of the day, the Dollar and the Euro was largely decreased by the rebound in oil prices back to the psychologically important level of $ 60 per barrel for Brent.

no more large Increase in oil reserves in the US (than previous estimates) led to a rebound in oil prices up. However, this trend continued throughout the day on expectations that the report, which can record further reduction of the oil wells in the United States.

at the same time, the Price of the main reserve of foreign currencies against the ruble (the 1st turn of the dollar) during the second half of the day began to grow. Before long weekend market players began to reduce the risks occupy the dollar and the Euro on the background of uncertain position in the Donbass. The high volatility of the oil market Also carries risks that by Tuesday the Price of Brent can fix below $ 60.

against this backdrop, the Dollar in the evening was fixed above 62 rubles and Euro above 70 rubles.


on the continued geopolitical uncertainty in the beginning of the long holidays Ruble naturally weakened against major currencies, said Timur Nigmatullin from the organization " Finam ".

"From significant correction national currency keep growing oil and tax payments. Some support the ruble has a conversion by the Ministry of Finance exchange of stocks to replenish revenues to the state budget, " he added.

The situation on the domestic foreign exchange market in a few days will continue to shape the mood caused by the events in Ukraine and the oil market, says Denis Davydov from Nordea Bank.

"The dollar will continue trading in the range of 60-66 rubles per Dollar, gravitating to the lower limit of an increasing taxes. Simultaneously, the tax period will provide limited support for the ruble in effect a more uniform sale the key players of the market of foreign currency earnings, " said Davydov.

"the ruble is likely to further significant appreciation not so much. The repayment of external liabilities, the topic of new penalties and macro statistics indicating that more than serious challenges for the Russian economy will be permanently put pressure on him, " he added.

sections: Politics

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