Monday, March 5, 2018

Ruble rises in price after volatile

Ruble rises in price after a volatile start of trading on Tuesday,

Today
Russian Ruble continues
the strengthening of the dollar and the euro in the currency
auction. So, to 12:37 MSK pair USD / RUB
trading at
51.61 and EUR / RUB -
at the level of 54.5, according to the site Moscow
Exchange. According to experts, the ruble more expensive
due to the large number of
currency sellers on
low local background
demand. In addition to this on
Ruble positive impact rising
dynamics
oil prices
and waiting for the start of the tax
period.


"As part of
start preparation for the tax period
exporters continue to sell foreign currency
revenues that would support national
currency", - says Alexey Egorov from
Promsvyazbank.


Recall
tax period starts
April 15. peak payments
It is expected on April 26-27,
when calculations on MET will, VAT and
income tax. Oil is now trading at $ 59.23 per barrel for Brent and $ 52.23 per barrel WTI.


dollar today
It is near the highs
against the euro, which is beneficial to exporters,
who sell revenue
in dollars.
The EUR / USD was trading at 12:37 MSK on
the level of 1.0562.



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