Tuesday, January 29, 2019

Ruble weakened on external negati

The ruble weakened on the external negative

Russian ruble shows a gradual weakening of the position, and it is not formed by oil prices and the global situation.

US currency value increased by 1.36% and reached the threshold of 57 rubles 86 kopecks. The euro is estimated at 64 rubles 39 kopecks, which makes the strengthening of its position on 1,11%.

Analysts say that now identical situation is observed in most emerging currencies, under the influence of "American" uncertainty.

Despite the stability of oil prices and the upcoming tax dates exporters, namely the situation with the political uncertainty of the US ruling circles serves as the main motivator of behavior of currencies in the market.

In general, analysts are inclined to believe that the ruble will gradually win back down, having fallen under the influence of a variety of factors to the level of 60 rubles per dollar. In particular, it is expected to change for the worse exchange balance, easing of the monetary policy, creation of state reserves and so on.



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