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Latest News - #The situation with exchange rates and oil prices

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.

Rosstat said to reduce the growth rate of gasoline prices

The average retail price of gasoline in Russia has decreased the growth rate: 22 to 28 June, it increased by 5 cents compared to the previous week to 45.18 rubles per liter, and diesel rose by 3 cents, to 47,88 rubles per liter, according to the materials Rosstat.

In the second half of may, gasoline in Russia rose in price by 1-2 pennies a week, in the first week of June - 6 cents, then 8 cents, and in the previous reporting week, the growth rate of prices and it reached a peak at 13 cents.

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.

Prices for Brent crude increased to 42.12 per barrel

Oil prices on Thursday morning to grow for the second consecutive trading session on the wave of optimism caused by the reduction of inventories in the United States, according to the auction.

As of 7: 40 am GMT, the September futures price for North sea petroleum mix of mark Brent has grown on 0,21% - to 42.12 per barrel. August futures on WTI rose in price on 0,13% - to 39,87 USD per barrel.

WTI has risen by 93% in the second quarter

WTI crude oil rose in the second quarter of the year to 93%, Brent - 59%, according to the auction.

At the end of trading Tuesday, the September futures price for North sea petroleum mix of mark Brent fell by 1.2% to 41.27 per barrel, the August futures for WTI - by 0.7% to 39.27 USD per barrel.

Oil exports from Russia to the United States fell in April more than 12 times

Oil exports (excluding petroleum products) from Russia to the United States in April fell by more than 12 times on a monthly basis, to 396 thousand barrels, Russia dropped to 16th place in the ranking of the largest suppliers of oil in the United States, according to the energy information administration of energy of the United States (EIA).

In March Russia occupied the 7th place, putting in the United States 4,888 million barrels of oil. In April in the first place were Canada, which is followed by Mexico, Saudi Arabia and other countries.

The expert did not rule out the reduction of the key rate before the end of the year to 3.5-4%

The key rate in Russia may drop to the end of the year to 3.5-4% if the situation on global markets stabiliziruemost and will not be the second wave of the pandemic, 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.

"If the whole world will not be shocked by the second wave of the pandemic, primarily involving the US, China, oil prices again will fall to zero and investors will not withdraw from all markets, that is, if the situation stabiliziruemost and there will be a vaccine - it is possible to see the rate of the CBR at 3.5-4% at the end of the year. This level looks likely-case scenario from the point of view of financial stability," he said.

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 exchange price of gasoline AI-95 broke the historical record

At the auctions of Sankt-Petersburg international commodity exchange was established a record price for gasoline AI-95.

At the end of the trading session on 29 June, the price of this brand of fuel for delivery in the European part of Russia reached 58,174 thousand rubles per ton. It grew by 0.4 percent compared with the previous indicator.

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