
The weighted average US dollar exchange rate following the results of the Unified Trading Session of the MMEVB Settlements Today increased by 34.55 kopecks and amounted to 24.8573 rubles per dollar.
The dollar rode took off in the first minutes of trading at the MICEX - more than 15 kopecks to the completion level of the previous day - up to 24.85 rubles per dollar. Thus, the US currency has reached a maximum since October 25, 2007, Interfax reports.
Experts call the reasons for the rapid growth of the dollar at the MICENB, the re increase in the dollar in the FOREX market, as well as the noticeable increase in the market price of the main operational indicator of the Bank of Russia - the bivalyut basket.
The basket, the support level of which on the part of the Central Bank of the Russian Federation is 29.61 rubles, in the first minutes of trading on Tuesday rose to 29.8 rubles against the background of demand for dollars due to falling in the stock markets.
The weighted average of the dollar exchange rate "Tomorrow" at a single trading session of the MICEX on Tuesday grew by 24.61 kopecks and amounted to 24.89 rubles per dollar. Compared to the weighted average value of the previous trade day, the dollar rate increased by 18.74 kopecks.
At Russian auction, the demand for currency increased sharply, as a result - the market value of the bivalyat basket increased significantly.
The US dollar rose sharply at the MICEX in the period of January 21-22. Compared to the closing rate of the previous week (24.48 rubles), the growth of the dollar at the time of reaching the session maximum amounted to 45 kopecks. The general increase in the dollar in relation to the levels of the previous week looks significant.
Experts believe that the demand for dollars was provided by large investors, possibly non -residents who reduced positions in Russian securities. The growth of the dollar is associated, according to experts, with a significant decrease in the stock market: securities were sold, and the money received was immediately sent to foreign exchange auction.
The increase in the cost of the Bivalyut basket of the Central Bank of the Russian Federation to 29.8 rubles was observed for the first time since August-September 2007. In case of stabilization in stock markets or confirming rumors about emergency measures to stabilize markets by the US Federal Reserve, you can expect a correctional reduction in the dollar at the MICEX to levels of 24.5-24.6 rubles per dollar, experts of Interfax say.