The ruble at the beginning of the day is reduced because of fears of an escalation in Ukraine

The ruble against the currency basket in early trading Thursday decreases. The continued fighting in the East of Ukraine retains a high geopolitical risks, say officials.

The dollar calculations " tomorrow " to 10. 43 MSK increased by ten cents to 36, 28 ruble, the Euro by 16 cents to 47, 91 ruble, follows from the data of capital exchange. The value of the currency basket (0, 55 dollars and 0.45 euros) grew by 13 cents compared with the level it was last closed and was equal to 41, 51 of the ruble.

Quite Possibly tougher rhetoric of the West towards Russia, which could put additional pressure on the ruble in the near future, says Maxim Korovin from VTB Capital." However, if the deterioration of the situation on the currency market will Increase the likelihood of the response of the Central Bank of the Russian Federation, which in light of the recent liberalization of the exchange rate policy Quite have the possibility of raising rates on operations with the regulator, " he added.

Perspectives of the dynamics of ruble currency pairs remain uncertain in the context of high geopolitical risks, says analyst organization " Alpari " Vladislav Antonov." If the Euro/dollar will continue on Thursday upward correction, the single currency to rouble exchange rate will increase to 48. In the pair dollar/ruble need to wait out of range 36, 00-36, 20. If it goes up, the purpose of increase of 36, 50, and down - 35, 83/35, 80 rubles per dollar, " he added.

However, speculators use any hints on the achievement of peace in the Ukraine and the reduction in tension for the acquisition of the Russian ruble, the analyst evaluates the organization FxPro Alexander Septicemic.

" The potential growth of inflation against the background of trade sanctions gives the promise of a response from the CBR in the form of rising interest rates. Against this backdrop, short-term, the pair dollar/ruble is not only able to drop below 36, but even to go closer to 35. However in the future, it is expected will be returning it to 36 or even attempt to reach 37. So, for those who are thinking for the future, It might have a chance to buy the currency cheaper in the coming weeks, " he added.


This is a conventional indicator, the landmark Bank of Russia used to carry out the policies of the exchange rate. The bi-currency basket determines the value of the ruble against the two currencies - the US dollar and the Euro, taken in a certain ratio. The bi-currency basket was introduced for the first time on 1 February 2005, up to this point ruble focused only on the U.S. dollar. The initial value was defined as: 0, 1 Euro, 0, 9 dollars. Then the number of Euro in the basket gradually increased, and dollars - is reduced. As a result, 8 February 2007 the indicator took a value of 0, 45 euros and 0, 55 dollar.


sections: Politics