The dollar exceeded 73 rubles

The dollar exchange rate for the first time in a year exceeded the level of 73 rubles. As RIA Novosti reports , the national currency continues to get cheaper against the backdrop of a resumed reduction in oil prices.

The dollar exchange rate “Tomorrow” at 11:20 Wednesday increased by 0.93 rubles - to 73.13 rubles, the euro exchange rate by 1.01 rubles, to 80.01 rubles. This follows from the data of the Moscow Exchange.

Experts associate the decline in the ruble with the fall in oil prices. The cost of February Brent oil futures on the ICE FUTURAS London Exchange by 11:15 decreased by 1.14 percent - to 37.36 dollars per barrel. To close the market on Tuesday, the cost of futures rose by 3.19 percent - to 37.79 dollars per barrel. The price of WTI oil for February at electronic trading in the New York Modern Exchange decreased by this time by 1.69 percent - to 37.23 dollars per barrel.

Due to a sharp decrease in oil prices, 9 out of 13 OPEC states, including Kuwait, will record budget deficits in 2015. As it became known earlier on Wednesday, Kuwait laid in the budget for the next year the price of his oil at about $ 30 per barrel. The country's authorities are counting on oil revenues at the level of 7.16 billion dinars.

On Monday, Saudi Arabia announced the budget for 2016, which is designed on the basis of the most cautious forecast of oil prices for 10 years - from $ 29 to 37 per barrel of oil. For the budget, the weighted average cost of a basket of five varieties of Saudi oil was taken - from Arab Super Light to Arab Heavy. The 2015 budget, according to experts, was based on the price of Saudi oil at $ 50 per barrel.