The ruble falls against the background of the continuing collapse of oil prices

The ruble exchange rate on Thursday decreases, playing out the ongoing drop in oil prices on world exchanges.

The first dollar transactions were held on the Moscow Exchange in the range of 58.8-58.98 rubles, according to the results of the first minute of the trading, the rate amounted to 58.86 rubles, adding 68 kopecks to the level of the previous closure. The euro rose to 62.01 rubles (+47.3 kopecks), the cost of the bivalyut basket increased by 58.7 kopecks in relation to the level of closing Tuesday, amounting to 60.28 rubles.

The dollar rate was 59.7 kopecks above the level of the current official course, the euro - 30.4 kopecks above the official course.

By 13:30, the dollar exchange rate to the ruble at the auction of the Moscow Exchange grew by 92 kopecks compared to the level of closing of previous bidding and amounted to 59.1 rubles. The last time the dollar rate rose above 59 rubles on March 3, 2017, Interfax reports.

The official US dollar rate established by the Bank of Russia since March 10 is 58.8318 rubles, the Central Bank’s press service reports. Thus, the cost of the ruble, expressed in dollars, compared with the previous day, decreased by 0.97%.

The official Euro exchange rate announced by the Bank of Russia since March 10 is 61.9911 rubles. Thus, the cost of the ruble, expressed in the euro, compared with the previous day, decreased by 0.46%.

Investors are worried that a significant increase in reserves in the United States negligns the effectiveness of the actions of the OPEC member countries and other large oil producers to reduce the reduction of the market with fuel, analysts emphasize.

On the eve of the Brent brand, during trading on the ICE exchange in London, she fell by more than 5%, dropping below 53 mark for the first time from December 8, 2016. At the same time, on the Moscow Exchange, trading was not held on the Moscow Exchange in connection with the weekend.

On Thursday, the quotes, after a slight morning rise, resumed a fall on exchange -offs. So, the price of Brent oil fell below 52 per barrel for the first time since the beginning of December 2016. The Brent May futures on the ICE Futures London Exchange by 14:05 in Moscow, they lost to $ 51.62 per barrel.

Quotes of WTI oil futures for April at electronic trading in the New York Modern Exchange (NYMEX) dropped to $ 48.88 per barrel.

According to the Saxo Bank analyst Ole Hansen, a sharp drop in prices on Thursday may be explained by the fact that traders stopped making bets on further growth of quotations.