Brent above 70, dollar below 31

The weighted average US dollar exchange rate to the Russian ruble with the term of “Tomorrow” accounts at the auction of the Unified Trading Session of the Interbank currency exchange (ETC) as of 11:30 Moscow time decreased by 39.15 kopecks compared to 11:30 MSC of the previous trade day and amounted to 30,7457 rubles, the Finmarket agency reports.

The weighted average of the euro with the period of calculations "Today" at 11:30 Moscow time in relation to the weighted average course at 11:30 of the previous session decreased by 41.67 kopecks - to 43,8438 rubles.

As a result of the synchronous decrease in American and European currencies, the ruble has noticeably strengthened. The cost of the bivalve basket decreased by 40 kopecks and amounted to 36.64 rubles compared to 37.04 rubles on Friday.

In the global market, the dollar continues to become cheaper in relation to the euro. His course on Monday fluctuates in a minimum in 7 weeks in anticipation of the status about the growth of new buildings and slowing down the rate of reduction in GDP in the United States.

Stock America completed a confident growth last week. The increase in the American stock index of the Dow Jones Industrial Average, according to the results of the past two weeks, amounted to 12% and has become a record since 2000.

The weakening of the dollar affected the commodity markets. The price of the futures contract for the oil of WTI brand at the September in electronic auction on the New York Model Exchange (NYMEX) on Monday morning approached 69 dollars per barrel, and on the ICE Futures London cost the cost of 70 dollars per barrel and rose to September 70. 71.17 dollars.

Copper and aluminum have risen in price at a auction in Shanghai on Monday to a maximum over the past nine months after China confirmed its obligations to maintain economic growth.

The cost of copper with delivery in November on the Shanghai futures exchange increased during trading on Monday by 1.6% - to 44.39 thousand yuan ($ 6,498), aluminum - by 3.7%, up to 14.765 thousand yuan per ton and zinc - by 1.8%, up to 14.415 thousand yuan.

Aluminum with the supply of three months later at the beginning of trading on the London metals exchange went up to 1829 dollars per ton, which is a maximum since November 25 last year. Copper went up on LME to $ 5607 per ton and reached the highest mark from October 14, 2008.

According to the Ministry of Economic Development, in June of this year, the real (taking into account external and internal inflation) strengthening the ruble to the dollar amounted to 3%, to the euro - 0.6%, to the Swiss franc - 0.9%, to the Japanese yen - 4.3%, weakening to pound sterling - 2.6%.

According to the preliminary assessment of the Ministry of Economic Development of Russia, in July, the weakening of the ruble to the dollar in real terms will be 1.7-1.9%, to the euro-1.6-1.7%, to pound sterling-also 1.6-1.7%, to the Swiss franc-1.4-1.5%, to the Japanese yen-3.3-3.7%. In general, in January-July, the real weakening of the ruble to the dollar is estimated at 6.7-6.9%, to the euro-at 8.4-8.5%.