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Thursday, February 25, 2021

Peskov said the fall of the ruble


Photo: Sergey Lentyugov/NEWS.EN

Russian authorities minimize the volatility of the exchange rate, macroeconomic stability could be preserved, said the press Secretary of the President Dmitry Peskov.


Now any world currency is under serious negative pressure from a number of circumstances in the world economy is and the dynamics of energy consumption and the change in the price of oil products and oil — all this, of course, has an impact,quotes the Kremlin spokesman TASS.

The value of the Euro in foreign exchange transactions on the Moscow Exchange has accelerated the growth to 1.51 percent at the end of the previous session. The indicators have reached the 94,02 rubles per unit. At the same time, the U.S. dollar gained 1,51% — to RUB 80,7325

The January futures for Brent crude on the ICE futures exchange in London lost 3.48 per cent to us $36,62 per barrel. Master blend WTI became cheaper by 3.82%, to $of 34.77 per barrel.






As previously reported NEWS.ru the second wave COVID-19 sowed panic in world commodity and financial markets. This week the fall showed the major stock market indices and oil prices. The price of benchmark Brent crude fell below $37 for the first time since the end of may. Against this background, the Russian currency has lost all growth in previous weeks, the dollar again reached the level of 80 rubles. Experts believe that oil prices may continue to decline up to $30 per barrel utyanuv for a Russian currency.

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