The ruble went into a confident attack on the dollar and the euro.

On the eve of the US and European currency fell to monthly lows - from 19 and 9 April respectively. On the Moscow stock exchange, the value of $ 1 decreased by 39 cents, to 61.21 rubles. The euro exchange rate decreased by 54 kopecks, to 72.06 rubles. Strong support for the Russian currency was provided by the growth of oil quotations and the sale by exporters of foreign exchange earnings for taxes. "At the auctions in Europe, the price of Brent crude oil rose to $ 80.46. Traders continue to worry about the future of oil supplies from Iran and Venezuela against the backdrop of the prospect of US sanctions against these two countries, "said Alpari analyst Vladislav Antonov. By the close, oil has retreated slightly from daily highs. This week, Russian companies are completing the payment of MET, VAT and excise taxes for a total of 640-700 billion rubles. "The intensive sale by exporters of foreign exchange earnings on the eve of tax payments at the end of the current and the beginning of the next week provides support to the Russian currency," said Anna Zaigrin, an analyst with Rosbank.. Experts do not exclude that today the ruble can continue strengthening to 60 rubles for $ 1. However, the rise in the value of the national currency will not become a long-term trend. "Everything that could be worked out for fear of oil, we have already worked out. And there are, in fact, only tax payments.

And it will be more correct to call such strengthening a strong volatility, especially since both the market and the players are already accustomed to the fact that the exchange rate of the national currency to the dollar and the euro can fluctuate up to one and a half rubles during one trading day, "said a member of the Board of Directors of ACG Finexpertiza Aghvan Mikaelyan. Vladislav Antonov expects some decline in ruble quotes. He noted that at the Asian trading session, the dollar, the yen and the Swiss franc strengthen to the currencies of developing countries. This indicates the flight of investors into safe assets, in which the currencies of emerging economies are being sold and they are losing value. On the other hand, the strengthening of reserve currencies may be temporary. In general, investors this week demonstrate interest in the currencies of third world countries. This is taking place against the background of a decrease in concerns about the trade war between the US and China. At the talks last week, Beijing promised to significantly increase the import of American goods, and the head of the US Treasury, Steven Mnuchin, said that "the trade war was postponed". This will help to strengthen, including the ruble. "In the absence of geopolitical shocks, the position of the ruble seems quite stable.

Moreover, the positive impact on it is due to the current high oil prices for which the Russian currency has not reacted for a long time, "said Boris Krasnozhenov, director of the market and shares management department at Alfa Bank.. According to his estimates, against the backdrop of high oil prices, the dollar's exchange rate on the Russian market may fall to 59-60 rubles for $ 1. The stronger strengthening of the ruble will restrain the purchases of foreign currency from the Ministry of Finance and geopolitical uncertainty.