January 06, 2014 19:20
Dollar gains sharply against ruble on Moscow Exchange
MOSCOW. Jan 6 (Interfax) - The dollar posted a substantial gain against the ruble on the Moscow Exchange (MOEX: MOEX) by Monday evening, while the euro showed a minor loss amid decline on the world markets. The ruble went down against the bi-currency basket on the back of lowering oil prices and drop on capital markets.
The dollar was at 33.26 rubles/$1 at 6:30 p.m. Moscow time in the single trading session, up 42.5 kopecks to previous closing. The euro was at 45.255 rubles/EUR1, down 7 kopecks. The bi-currency basket ($0.55 and EUR 0.45) gained 20 kopecks to 38.685 rubles.
The dollar stays about 60 kopecks above the official exchange rate in effect since January 1, and the euro 15-20 kopecks above the official exchange rate. The Central Bank is to set the new exchange rates on Thursday, January 9. The Central Bank's official exchange rates as of January 1 are 32.6587 rubles/$1 and 45.0559 rubles/EUR1.
The average weighted dollar rate was up 45.7 kopecks on Monday from the previous trading on December 30 in Tomorrow deals, reaching 33.207 rubles/$1 by 6:28 p.m. Moscow time. Trading combined was $538 million. The average weighted euro rate was up 11.9 kopecks to 45.189/EUR1 in Tomorrow deals. Trading combined to EUR 40 million.
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