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17 of August, 19:31

The ruble has slowed the fall of the dollar and the Euro

MOSCOW, Aug 17 - RIA Novosti/Prime, Elena Lykov. The ruble at the evening auction on the first day of the week slowed the rate of decline in the dollar on the background of deceleration of the fall in prices of oil and trying to strengthen against the Euro, trading at the level it was last closed.

Stock market analysts the main reason for the fall of the ruble is associated with falling oil prices, which traded at $ 49 per barrel, and with the increased risks associated with tension in the South-East of Ukraine the last few days.

The dollar calculations "tomorrow" to 18. 51 MSK grew from its previous closing on 21 kopecks and amounted to 65, 21 of the rouble, the Euro Rate by 6 cents to 72, 24 rubles (in the evening was down 3 cents to 72, fifteen rubles), follows from the data of capital exchange.

October futures on Brent oil grew by 0, 1% to 49, 24 per barrel (morning Price was reduced to 48, 36 dollars per barrel).


at the evening session the Rouble slowed down its fall against the dollar after oil, which attempts to consolidate above $ 49 per barrel, a decrease of increase of quotations of the Euro against the dollar. The Euro to 18. 51 MSK is 1, 1079 dollar 1, 1090 dollar at the previous auction.

However during the day the Ruble hitting new lows for the last 7 months: the dollar rose to around 65, 77, 72, 98 of the ruble, the Euro-dollar exchange Rate during the day rose to 1, 112 dollar.

This week on the local currency market started not best for the ruble, he said PSB Alexey Egorov.

"Oil prices continue to not allow the national currency to demonstrate even the slightest recovery. Apart from the usual factors one more negative aspect can be called the intensification of the conflict in the South-East of Ukraine. According to media reports, settlements DND and LNR last week and weekend was shelled by Ukrainian forces violated the ceasefire regime, " he commented.


Factor approaching tax payments until the ruble has no substantial support, said Egorov from PSB.

"We do not exclude that market players amid growing negative trend have the ability to refrain from selling the currency. According to our assumptions the sum of the tax payments, including insurance premiums, may reach 1 trillion rubles. In case of another decline in oil prices, the Ruble may reach levels 66 and 67 rubles against the dollar, " he predicts.

However, Sergey Kochergin from the organization Exness I am sure that in the 2nd part of August, the Russian currency has a good chance to increase the value 65, 5 rubles per dollar on the background of increase in interbank lending rates in Russia and the continued supply of dollar liquidity by the Bank of Russia (Monday's at the auction currency REPO banks took 1, 1 billion dollars from the Central Bank of the Russian Federation).

sections: Politics

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