The growing rate has defied predictions of most Western analysts who have not considered the main factor of strengthening of the Russian currency - the truce in Ukraine, writes. "for the first 3 months 2015 the Russian currency on the indicators moved from being the worst in the world in the category of the best, not the most accurate predictions, even in their own predictions of analysts," says the magazine. According to Bloomberg, the fall in oil prices to a six-year low and a decrease in the discount rates, which previously served as indicators of weakening of the ruble, today receded into the background, and the main factor was the ceasefire in Ukraine. "None of my predictions on the ruble was not carried out ", - said the head of the Department of trade operations capital investment entity "Veles Capital" Evgeni Shilenkov. "this is our new reality - there are too many different factors affecting the Ruble, too many items in the ruble matrix. The ruble is absolutely unpredictable, " He said. review of Simon Quijano-Evans, head of emerging market studies in London branch Commerzbank AG, in order to assess the direction of movement of the ruble, investors need to monitor events in the East of Ukraine. His predictions for the last four quarters were the closest to what is happening in the market. He predicts the strengthening of the ruble at 3, 9% in the current quarter and the appreciation of the local bond As a long-term ceasefire reduces the prospects of enhancing Western sanctions, and the oil no longer drops in price. Exchange rate fluctuations are a major problem for analysts, says the magazine. Hidden volatility of this currency for the month at the end of the quarter was the largest in the world, which increased the Price of insurance in the exchange rate and complicate predictions, according to Bloomberg. The ruble in the 1st quarter was strong at 4, 4%, although the Central Bank has lowered its discount rate in General by 300 basis points, while the Brent crude oil cost is Usually 55, 17 dollars per barrel, or about 29% less than in the previous 3 months. The success of the first quarter have the opportunity to continue in the 2-m Pro it says the chief economist for Russia from the London Royal Bank of Scotland Group Plc. Tatiana Orlova, according to forecasts which, by the end of June, the Ruble strengthened against the dollar by 5, 1%, reaching the index 55, 4. The Russian Ruble, which is designed for making payments in the Russian Federation. The Central Bank of Russia sets the exchange rate of the rouble against other currencies. Official exchange rates of foreign currencies against the rouble are set every day (weekdays) by order of the Bank of Russia, begin to act on the next calendar day after the date of establishment and act before the entry into force of the next order Bank of the Russian Federation about the courses foreign currencies. Lists of foreign currencies, Official rates against the ruble, published in the Bank of Russia Bulletin I.