Euro updated the next maximum

The euro updated the historical maximum, reaching 51.2 rubles on the auction of the Moscow Exchange. By 12.22, the euro rose by 35 kopecks of 51.205 rubles, the dollar rate was 40.38 rubles.

Meanwhile, the head of the Central Bank Elvira Nabiullina said that the fixation of the ruble is a counterproductive solution. The Central Bank maintains an intervention rate that amounted to $ 6 billion in 10 days, RIA Novosti reports.

"At present, we are maintaining a course, we are selling funds from ours and for literally 10 days about $ 6 billion have been sold, but at the same time, the exchange rate, in our opinion, is a counter -productive solution because it will contradict the action of market factors, we will not be able to keep them," Nabiullina said.

She also noted that the opinion that the Central Bank will leave the foreign exchange market when it switches completely to the floating foreign exchange rate is currently common. “Once again I want to emphasize that we are not going to completely leave the foreign exchange market. We are changing the nature of our participation in the foreign exchange market and will intervention if there are risks of financial stability,” the head of the Central Bank added.

On September 10, presidential adviser Sergei Glazyev announced the need for the next few years to fix the ruble exchange rate. "The volume of foreign exchange reserves allows the central can to keep any reasonable course and even fix it to stop speculative expectations and financial speculations," he said.

Earlier, the head of the Ministry of Finance Anton Siluanov said that he was counting on an ambulance stabilization of the ruble. “The cost of the currency, taking into account the new position in the trade balance and taking into account the outflow of capital, is looking for its equilibrium position,” the official said. “We hope that this will happen in the near future.”

According to him, the weakening of the ruble has recently been due to several factors, including the geopolitical situation, as well as with a decrease in oil prices and the expectation of an increase in the interest rates of the US Federal Reserve System.