Sunday, January 4, 2015

Ministry of Finance of the Russian Federation: The dollar is no longer fall to 30 rubles – OAnews

Ministry of Finance of the Russian Federation: The dollar is no longer fall to 30 rubles – OAnews

The Ministry of Finance of the Russian Federation: The dollar will not fall to 30 rubles

During the first week of this year, oil quotations continued its decline: Brent crude oil continued to decline to a level of 56.00 dollars / barrel, WTI – the mark of 52.00 USD / barrel. According to the head of the Russian Ministry of Finance Anton Siluanova, at such prices for “black gold” US rate is reduced to 30 rubles.

Analysts ministries and independent experts rely on the fact that the oil price and exchange rate Russian national currency, which depends on it to stabilize. January 5 will be the first auction in the new 2015th when will start Moscow stock exchange.

Quotes RTS, MICEX and foreign currency will change the 5th, 6th, 8th and 9th of January. Trading on the stock and futures markets will be held as usual, but with foreign currency transactions will not be conducted like “today for today».

As experts have calculated the Ministry of Finance, given that during the first half of December the price of oil trading at the level of 60.00 USD / barrel, the average US dollar exchange rate in the current year should be around 51.00 rubles. At present, the rate of the Central Bank, established before the New Year – 56.230 rubles, euro – 68.360 rubles.

Even with such a high rate of the euro currency in the Russian market, the foreign exchange market, it was at its lowest level since June 2010 year – now for it give 1.2 US dollar. Depreciation of the euro was 12.0 percent.

Of course, for such movements react course many other currencies, the ruble and here is no exception. January 1, ruble on the international market depreciated to 64.470 rubles / dollar, on January 2 rose to 60,650.

To talk about the stabilization of the premature, but repeated the record fall in the current year rate of the Russian national currency is no longer able .

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