The decision of the Bank of Russia to raise the key rate, adopted last Friday, gave the ruble such a powerful charge of energy that it has been growing for three consecutive days to major world currencies. All negativity was instantly forgotten, investors are returning to ruble assets, which means that the "Russian" will continue to storm new heights. During yesterday's trading on the Moscow Stock Exchange, the exchange rate of the American currency fell by 54 kopecks and amounted to 66.83 rubles. So low the dollar did not fall for a whole month. Euro meanwhile lost 58 kopecks in price and went for a mark of 78 rubles, stopping at the level of 77.99, according to the website of the trading platform. Along with the increase in the rate in favor of the ruble, the rise in oil prices. "Sanctions, the absence of real reasons for economic growth, rising inflation - all this has been leveled by the main driver for the ruble - the dynamics of oil quotations," - said in a comment for the "Russian newspaper" head of the analytical department of the company Grand Capital Sergei Kozlovsky. Another pleasant bonus for the Russian currency will be the onset of the tax period. For this period, the ruble will receive an additional point of support, as demand for rubles will grow, which will spur its growth. "The formation of a stable base above $ 75 per barrel of Brent brand inspires confidence in the market that growth will continue ... The target level for the dollar / ruble pair against this background will be the 66 mark, the euro will fall in price to 76 rubles," believes Kozlovsky. Other currency analysts agree with this assessment. "The ruble exchange rate has left the devaluation trend and is likely to continue its growth dynamics until the end of the week, while maintaining current investor sentiment ... Exporters are beginning to convert foreign exchange earnings into rubles in preparation for the tax period (we believe that earlier in the period of increased turbulence, the volume of currency proceeds" was adhered to "in currency), which supports the rate," - Anton Pokatovich, chief analyst of BCS Premier, believes (his words are quoted by Prime). The expert also pointed to some easing of the sanctions. The other day the Presidents of Russia and Turkey decided not to conduct military operations temporarily in the Syrian province of Idlib.

Perhaps this is what led to a decrease in the degree of rhetoric in US statements about imposing restrictions on Moscow. In turn, such a turn allowed the ruble to take a breather.

Analyst of Finam Group Sergey Drozdov connects the strengthening of the ruble with the stabilization of the situation in emerging markets. "The Russian currency continues to strengthen on Wednesday with respect to the US dollar due to the positive dynamics in emerging markets whose assets and currencies after a long decline went to growth, driven by the active actions of the central banks of Turkey and Argentina, raising interest rates to unprecedented levels," - he pointed out.