The ruble devalued, the decline on the Moscow stock exchange amounted to 1.3%
Today on the Moscow stock exchange the continuing fall of the ruble against the dollar and the Euro. At the moment the USD/RUB going up by 1.3% to RUB 65,804 in the morning, the dollar exceeded 66 RUB for the first time in 2016, but then came the faint movement of grinbek down. EUR/RUB a little less expensive, 1.23%, currently the Euro on the exchange give 76,333 RUB Today CBR increased sharply for tomorrow, August 10, the official exchange rates: the official rate of the dollar was 66,2856 rubles per dollar, and the Euro – 76,825 RUB for Euro. The evening of 8 August on financial markets received more bad news related to the sanctions.
The U.S. government officially announced the introduction from August 22, against Russia of new sanctions associated with the far-fetched “thing Skrypalia”, which to US generally irrelevant. The sanctions package includes a ban American companies export to Russia of any dual-use goods, in addition, promised US three months to introduce the second package of sanctions, which assumes a ban on exports to Russia any American products (with some exceptions) and a ban for Aeroflot to operate direct flights to the United States. Despite the fact that the sanctions imposed on August 22, almost completely duplicating already existing US sanctions, nervous investors still prefer to get out of risky Russian financial assets.
Trading in London, Brent oil slightly (0.18%) after yesterday’s collapse, and at the moment its price is $72,45 per barrel. Most likely, the collapse was associated with the news of a smaller-than-expected reduction of commodity stocks of oil in the United States and the resumption of Saudi Arabia exports of black gold through the Bab-El-Mandeb. According to estimates Alpari in the coming days, the price of Brent crude oil could be under $72,0-73,5.
Now we expect the US dollar in the coming days will be to bargain over 65,0-66,5 rubles, and the Euro will be quoted at 76-77 RUB.
The Deputy Director of analytical Department,