
The dollar exchange rate on the Moscow Exchange for the first time from June 24 rose above 67 rubles. At the maximum, its cost reached 67.3 rubles that almost cents above the closing level of yesterday's trading. At the same time, the euro reached the mark of 74.53 rubles, which became the highest in June 6.
The fall of the ruble course occurs against the backdrop of a decrease in world oil prices. Brent oil quotes on the ICE exchange range in the region of $ 43 per barrel. The oil market is still under pressure due to negative expectations associated with the prospects of the global economy and the demand of non-hydrocarbons. The cost of September Brent oil futures on the ICE Futures London Exchange by 10:00 in Moscow decreased more than 0.5 percent - to $ 42.45 per barrel. On Thursday, oil prices were reduced to a minimum over three months due to signs of the ongoing growth of fuel reserves in the world, which was confirmed by statistics from the United States this week.
Experts associate a decrease in the national currency also with increased uncertainty on the eve of the results of the meeting of the Bank of Russia. The Board of Directors on Friday will consider the issues of monetary policy. At the previous meeting held on June 10, 2016, the regulator for the first time in almost a year reduced the key rate - by 50 basic points, to 10.5 percent per annum. Bank analysts have not yet seen reasons to further reduce the rate at today's meeting. The time of publication of the press release is 13:30 in Moscow.
In January of this year, the dollar rate rose above 85 rubles . This is an absolute record since 1998, when a denomination of the Russian currency was carried out. In the future, however, the price of the American currency has decreased slightly - at about 14:30 in Moscow it was 84.51 rubles. The euro behaved similarly. At the peak, its price exceeded 93.5 rubles. Brent barrel then cost about $ 27.
However, with an increase in oil price, the Russian currency began to strengthen. Last week, the dollar for the first time since October last year sank below 63 rubles.