For the first time in 1.5 years, the dollar began to cost less than 60 rubles

The dollar exchange rate in the middle of the trading of the Moscow Exchange on January 5 fell below 60 rubles for the first time since mid -2015. By 14:20 Moscow time, the US currency cost 59.8 rubles.

The dollar is weakening in relation to the ruble since the beginning of this year. At the first in 2017, the exchange auction - January 3 - the cost of the American currency fell below 61 rubles, the next day it fell into a third of the ruble to 60.59 rubles, and at the beginning of the auction on January 5, to 60.02 rubles fell.

Rising the ruble is facilitated by rising oil prices. So, on January 3, Brent quotes for the first time in a year exceeded $ 58 per barrel, and on the afternoon of January 5, they again moved to growth after a decrease a day earlier. By 14:30 Moscow time, North Sea oil was traded in a plus by 0.5%, at the level of $ 56.8 per barrel.

In turn, hydrocarbons began to rise again after on January 5, the Iraq Ministry of Oil Industry reported that it began to reduce production in accordance with the OPEC agreement.

On November 30, OPEC participants for the first time since 2008 agreed to reduce the volume of oil production - by 1.2 million barrels per day to 32.5 million barrels. Not submitting to the organization of the country on December 10, they signed a similar agreement providing for the total reduction of oil production by almost 600 thousand barrels per day. Russia supported the decision of the OPEC, expressing the willingness to reduce the prey by 300 thousand barrels per day.