The ruble and oil have already reached the possible borders

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Russian ruble on Wednesday afternoon moving in either direction and safely in a basket of currencies. The U.S. dollar balances of about 65,24 RUB (-0,1%). Euro rises 0.3% and is 73,35 RUB the Bank of Russia has established the rates of foreign currencies for tomorrow, April 4, in the following way: 65,16 RUB/USD and 73 and 17 RUB/EUR. Both estimates revised lower by 31 and 14 cents, respectively.
The oil is not able to break through the psychologically important milestones and to rise above, though buyers in the shadows do not go away. A barrel of Brent traded at $69,58 (+0.3%) and in the first half of day “bulls” were determined to attack $70, but the strength is not enough.
Fresh data from the API showed that crude inventories in the U.S. last week rose by 3 million barrels, while stocks of gasoline and distillates dipped. Today the market is waiting for statistics from the US Department of energy. According to forecasts, the reserves of black gold decreased by 0.8 million barrels. In any case, the late afternoon today, investors in the raw materials get reason or for profit, or to jump.
On 5 April the Ministry of Finance will buy the currency on 255,4 billion. — daily volume of acquisitions of foreign currency, mainly dollars, will amount to 11.6 billion RUB Market such limits won’t notice, he’s long been accustomed to.
Today the Ministry of Finance places two issues of OFZ (26209 and 26226), the volume, as usual, is unknown, the first data on this subject either.
The U.S. dollar finished the session environment in the range of 65.25-65,65, the Euro and within 73,10-73,75 RUB.
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Anna Bodrova,
Senior analyst at information-analytical center,
Alpari