The Russian currency at the auctions on Wednesday, February 7, loses in value against the dollar and the euro. By noon, the value of $ 1 on the Moscow Stock Exchange increased by 17 kopecks, compared with yesterday's closing level, to 57.02 rubles. The unit of the European currency at the same time costs 17 kopecks more than on the eve, namely 70.54 rubles. Such dynamics are connected with the fall of indices on the world's leading stock exchanges. After the US exchanges collapsed on February 5, quotations of securities on the sites in Japan, Singapore, Russia and other countries went down in the afternoon after them. The decline in the value of the ruble in the current situation can be called natural. The whole question is how long the trend will continue to decline and how much during this time the Russian currency will depreciate. "It is worthwhile to understand that the fall did not happen unexpectedly.

Last years there was a rapid growth of American indices and their descendants were waiting for.

But, of course, the negative will affect the currencies of developing countries, including the ruble. Against this there is a means - we accumulated foreign exchange reserves. True, it does not make sense to spend them today - we must first see where the dollar will fall, "the Rossiiskaya Gazeta quotes the opinion of Professor Boris Heifetz, a professor at the Finance University under the Russian government. The oil market plays on the ruble's side and provides him with quite strong support. In time, a statistician arrived on commercial oil reserves in the US: they were lower than expected. So that the fatal collapse of the Russian currency in the near future is not expected. Nevertheless, at this round of weakening, the "wooden one" can permeate to the level of 59-60 rubles for $ 1.

During the year, the value of the American currency can reach 65 rubles, heffetz believes.. On the eve of the ruble also became cheaper to the dollar and the euro, but by the end of the day he played all the lost positions. This was helped by the adjustment of the euro-dollar pair (the US currency rose slightly after the prolonged fall of recent weeks), as well as the timely intervention of the Bank of Russia, which in the course of auctions removed the ruble surplus from the domestic market. It is noteworthy that earlier the regulator and the Ministry of Finance have said that they are going to omit the too strong ruble and, therefore, by means of interventions, will saturate the market with the national currency. Despite the fact that experts admit the weakening of the ruble (many of them seem to be overvalued, as the growth of its rate was provided recently not by objective factors, but by an unprecedented cheapening of the dollar), today at the end of the day the Russian currency can again return to the starting positions. The RF Ministry of Finance has planned today to hold auctions for the placement of federal loan bonds totaling 35 billion rubles. These auctions will support the ruble, believes Alpari analyst Vladislav Antonov.