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Thursday, November 26, 2020

Symbolically, the ruble strengthened against the Euro


Photo: Nikolay Gyngazov/Russian Look/Global Look Press

At the opening of trading of the Moscow stock Exchange on 13 October, the dollar rose against the ruble by 0.14%, while the Euro dropped by 0.19%.


According to the trading floor 10:00 GMT, the dollar rose to 77.21 ruble, the Euro rate declined to the level of 90,97 of the ruble. 10 minutes after the start of trading, the dollar rose to 77,32 of the ruble, the Euro also added to the price and traded on the already 91,09 of the ruble.

The cost of the futures on Brent crude oil with delivery in December 2020 on the ICE exchange in London rose 0.4% to $41,9 per barrel. WTI has risen in price also by 0.4% and traded at $39.9 per barrel.

Index Masuri has not changed in comparison with level of closing of the previous session and was at the opening of trading on the mark 2846,04 points, while the RTS index fell by 0.06% to 1162,18 points.

Wrote NEWS.ru a repeat of the situation in October 2014, when the Euro rose above 100 rubles, or January 2016, when the dollar was worth 86 rubles, in the near future should not expect. At least before the U.S. election, says analyst mark real. On the background of the second wave of the pandemic coronavirus in the world under attack may be risky assets, including oil prices and the ruble. However, the market has a positive. In particular, the President of the United States Donald trump announced the resumption of negotiations with Congress on a package of large-scale fiscal stimulus to fight the impact of the pandemic. Financial markets are waiting for this money, and it supports risky assets afloat.

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