Image copyright Reuters dollar against the ruble on the Moscow Stock Exchange after declining at the opening of trading on Monday again went up amid falling oil prices.
By 13:20 Moscow dollar exchange rate, lower on Monday morning to 76.77 ruble rose to 79.11 rubles. The euro also dropped to the opening of trading below 83 rubles at this time exceeded 85 rubles.
The ruble falling against the dollar and the euro amid falling oil prices. On London’s ICE barrel of Brent crude oil fell to 31.08 dollars, oil WTI – up to 31.28 dollars per barrel.
In this case, the Central Bank lowered the official exchange rate of the dollar on Tuesday at 2.8 rubles to 77 8 rubles. The official exchange rate of euro amounted to 84.2 rubles, which is 3.1 less than the previous value of the ruble. Central Bank set the official exchange rate at the end of morning trading.
Record collapse of the ruble occurred last Thursday when the central bank raised the official dollar and the euro by 4 rubles. The dollar was trading at the level of 84 rubles, and the euro – 92 rubles. On Friday, the ruble offset some losses amid rising oil prices.
Many experts expect a further weakening of the ruble. In their view, this trend is related to the budget deficit, which can be covered by a weaker currency, as well as the continued weakening of oil prices.
So, Alfa-Bank expects that when the price of oil $ 30 per barrel dollar will cost in the region of 80 rubles. However, experts do not rule out the possibility of falling prices to 20 dollars per barrel, in this case, in their view, the dollar will cost 90-95 rubles.
Minister of Economic Development of Russia Alexei Ulyukayev predicted rise in oil prices in the coming weeks. A similar forecast was made head of the International Monetary Fund Christine Lagarde.
No comments:
Post a Comment