The ruble continues to fall against dollar

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In the afternoon on Thursday, the Russian ruble decreases significantly in pairs with the dollar and the Euro. Grinbek is trading at 69,28 RUB and getting more expensive by 0.8%. Euro rises to 1.2% and is 78,94 RUB the Russian Central Bank has provided the following rates of foreign currencies on Friday, December 28: 68,87 RUB per U.S. dollar (1 penny) and RUB over the 78,38 € (-14 cents).
In oil again develop sales. This was obvious in advance: the commodity sector remains nervous and moving, and it activates “factor of the crowd.” A barrel of Brent by mid-day, is worth $53,69 and falls to 2%, a barrel of light oil WTI costs $45,35 (-1,9%). News for commodity market will be released later today, it will be statistics from API on oil reserves and petroleum products. Energy Ministry official data will be published only on Friday evening.
The US dollar looks weak on the world currency market, but now investors are looking to oil to a greater extent and to a number of negative domestic news. For example, at the site actively discussing the huge amount of planned redundancies in 2019 and the implications for the economic system.
At the end of the year foreign currency segment is thin, vulnerable and therefore subject to different influences. Here, apparently, and volatility. The US dollar closed trading Thursday in the range 68,90-69,75 RUB, the Euro will end the session in the hallway 78,80-79,35 RUB.
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Anna Bodrova,
Senior analyst,
Alpari