On Wednesday evening, the ruble continued to fall in price. The cost of the euro on the Moscow stock exchange at a maximum reached 74 rubles smoothly. It is 1 ruble. 40 kopecks. above the level of the close of trading on Tuesday – when the single European currency was trading at the stock exchange for 72.60 rubles.
The exchange rate of the dollar reached 66.57 rubles., which is 69 kopecks. above the level of previous day’s close. On Tuesday evening, the greenback was worth 65.88 rubles.
The official euro exchange rate set by the regulator: c 20 August amounted to 72.70 rubles. This is 21 kopecks. below the previous value. The official rate of the dollar since August 20, the Central Bank dropped by 10 kopecks. up to 65.72 rubles. On the eve of Russian President Vladimir Putin said that the government on a daily basis following the situation in the economy and the ruble exchange rate.
The currency continues to rise against the backdrop of the ongoing decline in oil prices of North Sea brand Brent. The cost of the October Brent futures on Wednesday at the minimum dropped to $ 46.83 per barrel. On the eve of trading to close at $ 48.81 a barrel.
According to a senior strategist at Sberbank CIB Markets currencies and interest rates, Tom Levinson, before the end of the year the dollar exchange rate could reach 70 rubles. The analyst pointed out that the decisive role was played by the price of oil.
«She [Brent Brent] is $ 48 per barrel, but we do not rule out that by the end of the year will drop to $ 45 or even $ 40 per barrel. Then we will see the dollar for 70 rubles. “- Said Levinson. At the same time, in his opinion, the further weakening of the ruble will not lead to panic the population, as happened in late 2014.
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