The ruble continues its way upward. To a large extent, this is facilitated by the belief in the Russian economy and the currency that foreign investors demonstrate. Hedge funds have been playing for longer than three months to raise the ruble, but over the past week, the number of such contracts has increased by 28% according to the data of the Commodity Futures Trading Commission of the United States (CFTC). The US currency is losing its positions not only in relation to the ruble, but also in general in relation to the basket of emerging market currencies. And Russia itself continues to build up its reserves abroad.

Investments of the Ministry of Finance in financial assets in the United States due to revaluation increased, according to revaluation, by $ 1 billion and now make up, according to the CBR, more than $ 431 billion. The external economic situation in the current moment generally favors the Russian currency - oil is rising in price. The countries participating in the OPEC + deal for November month, as agreed, reduced the extraction of black gold by 122%, which pushed its quotes up, adding optimism to the ruble, analysts say in the commentary to "Rossiyskaya Gazeta". Until the end of January 2018, a certain calm was established on the political horizon over Russia, at least, new decisions to tighten sanctions that would have a significant impact on the ruble's price, until this moment is not expected.

In the near future, analysts predict, the ruble will be held at the level of 58.5 rubles per dollar and 69 - for the euro. Today's quotes are quite within this forecast - at the opening of trading on the Moscow Currency Exchange, the Russian currency was worth 58.43 rubles per dollar.