Post: Euro rises above 60 rubles

The euro exchange rate on the Moscow Stock Exchange rose above 60 rubles for the first time since September 22.

MOSCOW, October 7 – RIA Novosti. The ruble began to fall against major currencies traded on the Moscow Stock Exchange, including the euro, which broke the round level of 60 rubles for the first time since September 22, and the Chinese currency remains the leader in terms of trading volume for the fifth time. consecutive sessions, should from site data.

From the data, the exchange rate of the dollar with the settlement “tomorrow” rose to 40 kopecks at 11.07 Moscow time, to 61.30 rubles, the euro – 87 kopecks to 59.97 rubles, yuan – 6 kopecks to 8.62 rubles. Moscow Stock Exchange. Minutes ago, the euro exchange rate rose to 60.14 rubles, updating its highest level since September 22.

The trading volume in yuan is 12.3 billion rubles, in dollars – 11.4 billion, in euro – 7.6 billion rubles.

The strengthening of currencies against the ruble is caused by a decrease in the offer of selling foreign currency by exporters, while some brokers continue to prohibit opening short positions in the dollar (in anticipation of depreciation), Egor Zhilnikov of Promsvyazbank says.

“The liquidity of the Chinese currency is higher than the liquidity of the dollar and euro, which we attribute to the ‘toxicity’ of Western currencies. We think that this situation may continue in the Moscow Stock Exchange in the near future. The dollar exchange rate may continue to grow inertia. However, locally the US currency is a bit overheated. “It looks like it’s looking good, so its growth may be limited. Today we’re focusing on the upper end of the 60-62 rubles per dollar range,” he estimates.

Alexei Antonov of Alor Broker said that the ruble continued to weaken as fears of a complete shutdown of dollar and euro trading on the Moscow Stock Exchange faded.

Source: Ria

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