The dollar exchange rate exceeded 76 rubles for the first time since April last year

by time news

The dollar in the course of today’s trading on the Moscow Stock Exchange has risen in price above 76 rubles. for the first time since April 22, 2021, follows from the site data. At the opening of trading on January 5, it cost 75.56 rubles, that is, it increased by about 1% over the day.

The euro exceeded 86 rubles. for the first time since September 21, 2021. At the opening of today’s trading, the European currency was worth 85.33 rubles, that is, it strengthened by 1.4% over the day.

The dollar and the euro began to grow against the ruble at the end of December, on the eve of telephone conversations between the presidents of Russia and the United States, Vladimir Putin and Joe Biden. The heads of state held a conversation on December 30 at 23.30 Moscow time. They continued to discuss the topics raised at the talks on December 7, as well as the agenda of the upcoming meetings in early January. Usually, in such conditions, “nervousness” grows in the market, Andrei Kochetkov, an analyst of the Otkritie Investments global research department, explained to Vedomosti earlier.

Analysts at BCS Express said that the key factor putting pressure on Russian assets now is the foreign policy situation. Thus, investors are awaiting negotiations between Russia and the United States and NATO, which are scheduled for January 10 and 12. During the meetings, the parties should discuss the security guarantees that Moscow has demanded from the alliance and Washington. This is, in particular, about the non-expansion of NATO to the east, closer to the Russian borders.

The ruble is weakening against the dollar and the euro, despite the rise in oil prices. So, against the backdrop of the OPEC + decision to keep the plan to increase oil production by 400,000 barrels per day in February, March Brent futures on the ICE exchange rose above $ 81 per barrel, February WTI futures – above $ 78 per barrel.

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