The ruble fell against the dollar and Euro on sanctions risks
On Friday, March 29, the ruble fell against the dollar and the Euro. By the close of trading on Friday the exchange rate of the US dollar calculations “tomorrow” increased by 70 kopecks (+1,07%), to 65.64 rubles, and the Euro gained 81 kopecks (+1,1%), up to 73.66 RUB.
Last Friday in the Western media the news that the US state Department has developed new anti-sanctions related to false and slightly forgotten “case Skrypalia”, crippled the ruble. The greatest concern is probably in the market called media reports that the sanctions could affect the Russian banking sector, although about which banks it can be and how serious the sanctions, media reported.
On the last trading day of March on the ICE futures exchange Brent crude rose slightly, by 0.55%, to $67,46 per barrel. Published on Friday, statistics from Baker Hughes showed that the number of active rigs in the U.S. continues to fall heavily for the second week, and last week fell a further eight units to 816 platforms.
In addition, the boastful statement of US special envoy in Venezuela Elliott Abrams that he managed to convince a number of foreign traders to stop purchasing oil from Venezuela contributed to the rise in oil prices in early deals. Brent this morning is more expensive by nearly 1% and trading above $68 per barrel. Thus, the special representative of the United States has created extra work for President Donald Trump, who will be forced again through Twitter to try to bring the prices in the right order.
Sunday, March 31, Ukraine held the first round of the presidential elections, and after processing more than 40% of ballots, it became clear that the leader of the first round was an actor and showman Vladimir Zelensky, gaining at the moment, more than 30% of the vote. With him in the second round of elections, which is scheduled for April 21, will be an acting President Petro Poroshenko, which has only the 16.65% of votes. Turnout for elections on 31 March exceeded 65%.
Today at the opening of trading can see the weak ruble in the black. A couple of dollar/ruble see today in the hallway 64,5-66 RUB, EUR/RUB — on levels in 73-74 RUB.
Deputy Director of information-analytical center,