Ruble wins sanctions

16 March 2018, 12:48 | Economy
photo YTPO.ru
Text Size:

"Wooden! I decided not to break the tradition that has developed this week, and on the last working day again rapidly decreases to the dollar and the euro. External negative factors were stronger than anticipated. But it is not necessary to panic: experts say that the national currency is storing forces for a breakthrough. As evidenced by the data of the Moscow stock exchange, by 11:13 Moscow time the unit of American currency increased in price by 12 kopecks, to 57.58 rubles. Euro meanwhile has risen in price for 22 copecks and was tightened up to a level of 70,89 rubles.

On the eve of the dollar strengthened to the ruble by 33 kopecks, and the euro lost 1 kopeck.

Today, currencies have reversed, and the "European" is gaining momentum much faster. The ruble continues to support rising oil prices. Its cost rose to $ 65.2 a barrel last night thanks to projections of a growth in supplies in 2018. , as well as the assumption that world demand will grow steadily.

But the pressure from the side is getting stronger every day. The continuing weakening of the ruble experts attributed to the expansion of US sanctions and the general deterioration of relations with Russia in the world amid the scandal with the poisoning of the former British spy Sergei Skripal. Today's decline in the Russian currency is associated with a standard procedure: before the weekend investors sell assets to lock in profits. From this, the rate decreases slightly. We can say with confidence that the dollar has firmly entrenched above 57 rubles. It is unlikely that his rate in the near future will fall below this level, believes Alpari analyst Vladislav Antonov. Negative background is aggravated by seasonal factors. The ruble quite often in March-April loses momentum after a strong start of the beginning of the year. "However, this time the political turmoil has been suppressing the growth of the Russian currency since the end of February, and the traditional pre-election caution of market players further strengthens the outflow of Russian assets and the ruble," says Alexander Kuptsikevich, an analyst at FxPro.. On the other hand, nothing prevents the Russian currency after the weekend again to try to deploy a trend. "A small possible rebound of the ruble will be some preparation for further breakthrough-strengthening. Most of the expectations of players today are mostly played. Against this background, the main impact on the exchange rate of the national currency continues to be the cost of a barrel of oil.

And if the black gold strengthens even more, the ruble on the general positive news can well "jump" upwards, "said Agvan Mikaelyan, member of the Board of Directors of ACG Finexpertiza. Sanctions and the British scandal are temporary, but the fundamentally "Russian" is strong enough. What also inspires certain optimism. "Fundamentally, the Russian currency is very strong, primarily because of a strong positive trade balance. Therefore, having resisted the "British" negative, the ruble is ready to continue strengthening, "- says analyst of Alor Broker Alexey Antonov.




Add a comment
:D :lol: :-) ;-) 8) :-| :-* :oops: :sad: :cry: :o :-? :-x :eek: :zzz :P :roll: :sigh:
 Enter the correct answer