Russian currency is gaining momentum. In the course of today's trading on the Moscow Stock Exchange, the ruble exchange rate rose by 29 kopecks against the dollar and 38 kopecks against the euro (these are the data at 12:12 Moscow time). Thus, the US currency fell to 65.98 rubles, while the European currency fell to 76.43 rubles.. The ruble grew steadily yesterday, despite the fact that the cost of oil, which usually greatly influences the rate of the Russian currency, fell. "The ruble continues to surprise market participants with its reaction to the external background. Full raskorrelation with the oil market. The general weakening of the US currency and the positive dynamics of the currencies of developing countries contributed to the strengthening of the ruble, "said Alpari analyst Vladislav Antonov (quoted from Prime). According to him, the dollar feels uncomfortable due to the slowdown in consumer price growth.. Investors fear that with low inflation, the US Federal Reserve will refuse to further increase the key rate.. This will lead to lower yields on US bonds..

The demand for US securities declined, and with it went down and the dollar. Another factor of support for the national currency was the first in quite a long time successful auction for placement of federal loan bonds (OFZ). Investors bought paper worth 5 billion rubles, and this was taken by the market as a positive signal. Leading analyst at TeleTrade, Anastasia Ignatenko, also pointed out that "the ruble manages to remain some island of stability, ignoring both the fall in oil prices and the collapse in world stock markets". However, it is too early to dismiss the “American”. "The US dollar is still the main driving force in the market. And let the players moderate their expectations regarding the rate of interest rate increase by the US regulator before the end of next year, but amid falling global stock markets, it is still too early to predict the US dollar for an early correction, "the Rossiyskaya Gazeta expert said. If at the end of the week the dollar does not fall below 65.7-66 rubles, then next week it can strike at the positions of the ruble and can jump to the area of ??68 rubles. For the euro, the critical level is the point of 74.5 rubles. If the European currency keeps above it, then next week growth is possible to 77.5-78 rubles. In this situation, only "unexpected news from the oil market, which remains hostage to future sanctions against Iran and is subject to weather influences such as the hurricane season," can support the ruble..