Ruble evening adjusted downward after the oil – RIA Novosti

MOSCOW, January 25 – RIA Novosti, Dmitry Mayorov. The national Russian currency against the dollar and euro on Monday evening lost more than 1 ruble against the background of downward correction in oil prices.

dollar settlements “tomorrow” to 18.23 MSK grew by 1.1 rubles – up to 79.12 rubles, euro – by 1.50 rubles to 85.74 rubles, from the data of the Moscow stock exchange.

© Fotolia / Dmitrydesigner

Volatility remains high: daily range of fluctuations of major reserve currencies amounted to 03.04 rubles. The ruble price of oil has risen in the area of ​​2,5 thousand rubles.

Swing saved

The ruble during the session on Monday continued to fluctuate within a wide range. However, his morning inertial growth afternoon faded, and in the afternoon the Russian currency lost already to 2 rubles to the euro and slightly less – to the dollar, although early in the morning there was a similar increase in the ruble.

“Black gold “after takeoff last week from 27 dollars to 32.8 dollars (about 20%) of grade Brent was adjusted down, which resulted in Monday in its slide below $ 32. This pushed down the ruble in the second half of the day.

Falling oil was caused by the decision of Saudi Arabia to maintain investment in energy projects. According to the oil of Saudi state-owned Saudi Aramco Khalid al-Falih (Khalid al-Falih), the company now spends as much investment as before, until the fall of oil prices, signaling that it will not give up in their fight against competitors.

In the end, the corridor daily exchange rate fluctuations at the beginning of the week was a wide, accounting for 3-4 rubles (dollar and euro).

At the same time, the budget of the Russian Federation there is good news. The price of oil, denominated in rubles, has grown up to a maximum of a few weeks – more than 2.5 thousand rubles, after last week, it fell below the level of 2.3 thousand.

Forecasts and recommendations

When you save the price of oil above $ 30 a barrel at the ruble still has a chance to settle in the region of 78-79 against the dollar, while the decrease in quotations below $ 30 makes it possible to move the American currency more than 80 rubles, praised Yuri Kravchenko of IR “Veles Capital”.

“However, in the coming days, investors will be cautious, awaiting the outcome of the next Fed meeting, which the ruble is still hope for a softening of the rhetoric of the regulator at a discount rate due to the current external economic situation”, – said Kravchenko.

is expected to remain the yield spread between the key interest rates in the United States and Russia have a stabilizing effect on the ruble, said Sergei Kochergin of GC Exness.

“If oil prices will not go below $ 30 a barrel, then the pair USD / RUB will be consolidated between the levels of 76.4 – 80.00. In the medium-term support to prices for “black gold” will have an extension of stimulus measures by the central banks of China, Japan and the euro zone as well as a gradual decrease in oil production in the United States, “- added he is.