16:17 / 02.08.2015 The Russian ruble fell sharply against the dollar and the euro. Analysts believe the reason for lowering the Central Bank key rate from 11.5 to 11%.
At the moment, the dollar was 60.48 rubles, euro – 66.49 rubles. Thus, the dollar has risen in price by 1.4%, the euro by 1.8%. The prices of Brent crude oil fell by 1.1%. Pronedra previously wrote that the ruble would not be able to show growth, while Brent crude oil is trading below $ 60 a barrel.
Prior to that, Central Bank also cut rates quickly, regardless of inflation. Analysts believe that in the near future the dollar will trade at 60.1 – 60.9 rubles per euro and will produce in the region of 66 rubles. The official exchange rates set by the Central Bank on Monday, August 3rd revised to increase: the dollar and the euro by 135 to 136 cents.
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