Wednesday, February 21, 2018

Official dollar rate fell below

The official dollar rate fell below 51 rubles

The official dollar rate set by the Central Bank on April 25, is 50.24 rubles. He fell to 1.35 rubles. The euro fell by 47 cents to 54.66. The courses will be in effect until April 27th. This information is contained on the website of the Bank of Russia.

In the course of trading on the stock exchange American currency is worth 50.87 rubles, European - 55.07 (as of 13:25 Moscow time). The ruble strengthened against the backdrop of rising oil prices. A barrel of Brent crude on London's ICE worth 65.4 dollars.

Earlier, on April 24, Russian Finance Minister Anton Siluanov said that now the ruble is appreciating too much. "What happened is what you would expect: to stabilize the volume of foreign exchange reserves, the ruble was stable at first, but now began to strengthen. Strengthened, we believe, even too much, too much, "- said the official.

April 22 First Deputy Chairman of the Central Bank Ksenia Yudaeva said that the rapid appreciation of the ruble, associated with the increase in oil prices is over. "Now we are seeing stabilization," - she said. Yudaeva previously allowed, that the dollar can rise in price again to 70 rubles for the fall in oil prices.

April 9, first deputy chairman of the State Duma Committee on Industry Vladimir Gutenev stressed that the excessive strengthening of the ruble hit the competitiveness of domestic exporting companies. He expressed his concern in a letter to the Central Bank.

According to preliminary calculations, the Economic Development Ministry, the dollar will cost 40 rubles by 2018, if oil prices rise to $ 100 per barrel, and sanctions against Russia gradually withdraw.

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