The ruble against the dollar and the euro during the day decreased due to the fall of oil – RIA Novosti

MOSCOW, Feb. 11 -. RIA Novosti, Dmitry Mayorov The ruble against the dollar and the euro in the afternoon again significantly loses because of oil falling to the area psychologically important mark of $ 30 per barrel of Brent

The verbal intervention of the CB RF Elvira Nabiullina not help the currency of the Russian Federation

The dollar settlements “tomorrow” to 17.10 MSK grew by 1.52 rubles -. to 80.13 rubles, euro – by 1.93 rubles – up to 90.73 rubles, and has been raised to 91.478 rubles, follows from the Moscow Stock Exchange data

The oil is more important than verbal intervention

The course of the Russian currency in the afternoon remains under severe pressure from cheap oil -. in district psychologically important mark of $ 30 per barrel of Brent.

The market participants reacted negatively to the weekly data on stocks at the terminal in Cushing, providing contracts for oil of mark WTI. According to the report, the index rose by 0.5 million barrels -. To 64.7 million barrels, which is a record high for the time

At the same time the head of verbal intervention of the Central Bank of the Russian Federation Elvira Nabiullina (indirectly playing into the hands of the ruble ) virtually no impact on the dynamics of the Russian currency.

It is, in particular, called the full stupidity information about the artificial weakening of the ruble. Also the head of the Central Bank said that the regulator against the support of the ruble by gold reserves, but would interfere with the threat of financial stability.

In addition, the Central Bank is discussing various measures to reduce the motivation of banks to ensure that they do not take excessive currency risks .

Finally, Nabiullina estimates that oil prices may long to be low, and it is possible tightening of monetary policy.

However, these words were virtually invisible to the market.

One consolation – the ruble remains stable oil during the fall of both assets. As a result, the ruble price of oil dropped to the district multi-year lows below 2.4 thousand rubles

Forecast

The rhetoric of the Central Bank of the Russian Federation was to cause the strengthening of the national currency, the ruble today, but not before. – oil prices again rushed down, reacting to the continuing oversupply in the market, says Andrew Dirgin of the company “Alfa-Forex”.

If a barrel of Brent crude falls below $ 30, the dollar may at some time to settle up the level of 80 rubles, and the euro – up 91 ruble appreciated it

in the conditions of instability and high volatility of world markets expect a surge in demand in the strategy carry-trade (on a background of tightening DCT CBR) should not count. but as soon as the sale will be completed in the stock markets, investors will again look more attractive and higher-yielding assets, assessed Alena Afanasyeva of Forex Club company.

in the near future the ruble every chance to continue vibrations within the range 78.50 -80.50 against the US dollar, she predicts.