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Latest News - #Dynamics of currency exchange rates

The ruble has updated the lows since spring

The ruble has significantly reduced the dollar and Euro amid falling oil prices.

American currency calculations "tomorrow" on 21:04 GMT rising 94 cents, to 71.5 ruble, the Euro by 1.04 ruble to 80,37 of the ruble, follows from the data of the Moscow exchange.

The Ministry explained why I try not to spend NWF

The Finance Ministry has accumulated in the national welfare Fund (NWF), more than 12 trillion rubles, however, to Finance overheads prefers to increase borrowing, rather than spending the resources of the Fund, as it sees risks, including stability of the ruble, said Deputy Finance Minister Vladimir Kolychev.

The amount of the Fund on June 1, was 12,161 trillion rubles.

The Finance Ministry has no plans to change the currency structure of the NWF

The Finance Ministry has no plans to change the currency structure of the national welfare Fund (NWF), Deputy Minister of Finance Vladimir Kolychev.

"I think we all realized. That is, we did it more like the structure of foreign exchange reserves of the Central Bank. Additional changes not yet discussed", - he told journalists, answering the question about the change in the currency structure of the Fund.

The expert predicted the ruble to the end of the year

The dollar could soon return to the mark of 60 rubles, because the difference between inflation in Russia and in the United States is declining, and the budget policy to protect the domestic currency from the impact of severe fluctuations in oil prices, said in an interview with RIA Novosti President of the Russian division of the international Association of professionals foreign exchange and money markets ACI Russia Sergey Romanchuk.

At the same time, the expert noted that although during the year it is possible to see the rate of 60 to 63 rubles per dollar, but he can't say that this is the most likely option.

The ruble gained more than ten cents to the dollar during Putin's statements

The ruble in the course of passing the address of the President of Russia Vladimir Putin to the citizens and added a little more than 10 cents against the U.S. currency, while the growth of oil prices slowed somewhat, according to data from the Moscow exchange.

The dollar calculations "tomorrow" to 17.58 GMT is reduced by 37 cents, to 68,65 ruble. Before the start of the statements of the President of the Russian Federation, the ruble had gained 34 kopecks against the dollar, then the dollar has lost 47 cents, sinking to 68,55 ruble.

The expert predicted the dollar at the end of the year

The dollar by the end of the current year will fall to 66 rubles, with this exchange rate and the average annual price of oil in 50 dollars for barrel the budget deficit of Russia will be in 2020 at 5% of GDP, said in an interview with RIA Novosti General Director of rating Agency "Expert RA" Sergey Tishchenko.

The last time the dollar was trading around 66 rubles at the beginning of March this year. However, after the collapse of OPEC transactions and statements of a number of countries of the former Alliance on plans to increase production at rapidly falling demand due to the coronavirus began a steep dive in oil prices. The ruble is not stand the pressure and began to weaken: the value of the dollar in the second half of March has jumped to above 80 rubles.

The dollar has exceeded the may high

The ruble on Thursday evening before the long weekend has accelerated the decline in the dollar and the Euro after the collapse of the oil market by more than 7%, follows from the data of the Moscow exchange.

The dollar at 21.21 GMT Thursday grew by 1.55 ruble and reached 70,05 of the ruble. This maximum value may 29. The Euro exchange rate increased by 1.37 ruble — to 79,30 of the ruble.

The expert doubted the forecast of the dollar for 90 rubles

Director for analysis of financial markets and macroeconomics UK "Alfa-Capital" Vladimir Bragin questioned the realism of the prognosis for growth of the dollar to 90 rubles, the opinion he expressed in an interview with RBC.

Previously, the Center for macroeconomic analysis and short-term forecasting (CMASF) published a forecast that the dollar may rise to 90 rubles in the case that the world will begin a second outbreak of the coronavirus and the authorities will again have to enter the appropriate constraints.

The ruble rose after the price of oil

In the evening the ruble rises against dollar and Euro on the background of increasing oil prices.

The dollar calculations "tomorrow" at 20.50 MSK decreased by 34 kopecks and reached 68,78 of the ruble, Euro — by 15 kopecks, to the level 76.8 ruble, follows from the data of the Moscow exchange. Earlier Tuesday, the dollar and the Euro has updated the lows of March 6.

Economists have estimated the chances of further strengthening of the ruble

The ruble recovered to the level of the beginning of March, however, the strengthening of the national currency is unlikely to last long, according to respondents RBC economists.

Among the reasons for the growth of the ruble, the experts noted the rebound in oil prices, consistent fiscal policy, the confidence of domestic holders of ruble assets and the resumption of activity in major markets in the world.