Ruble corrected upwards, 57 roubles have the ability to prevent the growth of the dollar

MOSCOW, 5th June - RIA Novosti/Prime, Dmitry Mayorov. The ruble against the Euro in the evening actively adjusted up and stabilized against the dollar amid increased volatility of oil markets and Forex.

Analysts expect that the range of 55 to 57 rubles per Dollar will be the most likely in the near future given the current conjuncture of the oil market and Forex.

The dollar calculations "tomorrow" to 19. Eleven of MSCS decreased to 0, 04 ruble - To 56, 42 of the rouble, the Euro Rate is at 0, 93 ruble - To 62, 64 of the ruble, follows from the data of capital exchange.


The ruble against the bi-currency basket on the last working day of the week for the Most part corrected upwards. With the Dollar showed a more stable trend in comparison with the Euro as the Euro's decline against the dollar in Forex below 1, eleven.

Good start for correction amid profit taking from higher foreign currency was created in the previous few days. So, two days of sharp increase of the dollar and the Euro Price of the currency basket has jumped almost 4 rubles. In General, from 25 may, it has risen almost 8 rubles.

Increased volatility of the oil market contributed to the intrigue of the Dynamics of the courses of the ruble on the MICEX. So, amid OPEC's decision to leave quotas still oil first went up, I pushed the Ruble up. But then oil again slid down and reached the lowest level in nearly two months (below 61 per barrel mark Brent).

at the same time, the Euro has failed in the area of grades 1, 105 dollar on the back of strong statistics on the U.S. labour market for may. This helped the dollar to test the key Level of 57 rubles.

But then oil again started to grow and the Dollar against the ruble again went into the red.


The dynamics of the ruble couples will determine any news about the situation in Ukraine, says Anna Bodrova from the organization management." The emotions of investors regarding the increasing degree of tension there already subsided, but the reaction gave, how important remains to this issue, " she added.

"The U.S. dollar will remain in the range of 55 to 57 rubles, the Euro will be traded in the corridor 61, 90-64, 50 rubles. Strong ruble we Until will not see. Before the meeting, the CBR still more than a week, forecasts for the rate of the market will be taken into account in the quotes ruble couples closer by Friday, " said Bodrov.

The level of 55-57 in rubles per Dollar would be a significant support for the Russian currency, also believes Anton Soroko from the investment company " Finam ".

If the price of oil in the range of 60-70 dollars per barrel of Brent, In the current geopolitical background and expectations from the Central Bank, the equilibrium level of the dollar will be performing levels 55-60 rubles, says Dmitry Savchenko from Nordea Bank." However technically in the near future, the Course may gravitate to the lower boundary of this range, " said Savchenko.

However, there is a negative assessment. In the currency market the most likely scenario in the case of falling oil prices is the depreciation of the ruble, says Georgiy Vaschenko from IR " freedom Finance ".

"Before the end of the month the currency pair EUR/USD is expected to corridor 55 - 60, provided that the Brent crude oil falls below $ 60 per barrel, and foreign policy, the situation will not worsen," said he.

"in the process of strengthening of the Euro against the dollar will halt and the U.S. currency will just not be able to win back the losses of recent weeks. On the European currency will put pressure negative news from Greece and Ukraine. The intensification of hostilities and a new wave of rhetoric about sanctions against Russia will help the weakening of the ruble ", - says Andrey Manko from " RIA Rating ".


sections: Politics