The ruble at the beginning of the day is stabilized, trying to rely on reduced geopolitical risks and digesting the recent decision by the RF Central Bank on exchange rate policy. Cheap oil presses down, but continuing the tax period is supporting the national currency of Russia.

The dollar calculations " tomorrow " to eleven. 18 GMT on Tuesday rose by 2 kopecks up to 36, 20 ruble, the Euro fell by 1 penny up to 48, 18 ruble, follows from the data of capital exchange. The value of the currency basket (0, 55 dollars and 0.45 euros) almost unchanged compared With the level it was last closed and amounted to 41, 59 ruble.

Further movement of the ruble to a free floating, which once again confirmed the CBR does not add to the confidence of its dynamics. While the Price of oil to decline to geopolitical risks, most importantly, because of the events in Iraq, and also in Ukraine fell almost to the key around $ 100 per barrel for Brent. It also does not add confidence in the ruble.

On the reverse side, support the ruble continues to provide the August tax period in Russia. On Wednesday, banks will conduct a final settlement of VAT, however, the increased demand for liquidity, With a corresponding strengthening of the ruble can't wait because at the same time on the market there will be a net inflow of liquidity channel weekly auction REPO Bank of Russia, said Yuri Kravchenko from the investment company Veles Capital.

The environment is considered the most volatile day on the Forex market, said Vladislav Antonov from Alpari." Today will be presented the minutes of the latest meetings of the Bank of England and the Department of open market of the U.S. Federal reserve. No surprises, it is assumed, for this reason, the impact on the Ruble will be limited. The dollar in Asian trading With an increase to their competitors, " he added.

sections: Politics