Ruble for the first time in three weeks reached the mark of 65.2 per dollar

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Optimism of investors on the Western platforms, coupled with high oil prices created conditions for positive dynamics of the Russian indexes on Friday. Interest risk is supported by a vote by British lawmakers for the delay Brekzita, as well as for the next statements of the Chinese authorities about the readiness to use additional tools to support the economy. Against this background, in the second half of day the index of Mosuri and the RTS rising 0.25% and 0.54%, respectively.
The ruble also wastes no time, continuing to update the highs amid renewed decline of the dollar. The return of investors ‘ optimism weakened the demand for defensive currencies, at the same time heated interest in the assets of the developing segment, including the background of talk about progress in trade negotiations between the US and China.
The pair dollar/ruble for the first time in three weeks reached 65,20 RUB, gradually approaching the turn at the level of 65 rubles. But without support from the oil market quotes is unlikely to dare to test the psychological support, below which the pair did not fall since October last year.
Brent after yesterday’s pullback from fresh highs of the year settled at around 67 dollars per barrel and are not yet able to return to growth. Evening data Baker Hughes on drilling activity in the United States can bring the excitement to the market.
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Gennady Nikolaev
Expert
Academy of management Finance and investment