Thursday, April 28, 2016

The euro exchange rate in the course of trading fell below 73 rubles, the dollar is trading below the 65 – Rosbalt.RU

April 28, 2016, 19:03 | Finance | exchange rate | oil prices

 Russian national currency continues to strengthen against the dollar and the euro during today’s trading on the Moscow stock exchange. In this course the single European currency fell below the psychological milestone of 73 rubles. the first time since December 3, 2015.

 As of 18:44 MSK US dollar exchange rate calculations “tomorrow” has lost 74 kopecks to the previous close and reached 64.3770 rubles. The euro at this time fell by 84 kopecks to 72.9070 rubles., according to data exchange.

 As “Interfax” notes oil quotes have moved from decline to growth on Thursday and traded near the highest level in the last 5 months on signals that cheap fuel more influence on the extraction of oil in the United States. The price of oil futures on Brent crude for June on London’s ICE Futures exchange to 18:01 MSK rose 0.72% to $ 47.52 per barrel. The cost of the June futures contract for WTI crude oil in the course of trading on the New York Mercantile Exchange (NYMEX) has increased this time by 0.20% to $ 45.42 per barrel.

 “Positive oil dynamics, as well as news that the lower French Parliament has prepared a resolution calling on the French Government to abolish the anti-Russian sanctions, support the Russian currency,” – said in comments the analyst Forex Club GK Erin Horn

 According to her, “ahead of the ruble strength test in the form of the publication of the Bank of Russia’s decision on the level of rates.” “The regulator will announce it on Friday. Up until the release of tools can demonstrate a fairly restrained dynamics. The probability of a rate cut from the current 11% there. However, it is small – about 30%. The fact that in April were increased excise taxes on gasoline, which can have an impact on the increase in price pressure and the regulator may choose to wait and look at the state of this indicator “, – the expert believes

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