Over the past 12 months, the "wooden" has behaved well. It has established itself as a fairly stable currency both in relation to the dollar and against the euro. Therefore, for the New Year holidays, the ruble departs with its head held high. Economists recall that a small turbulence happened to the national currency at the beginning of the year - in the first quarter and partly in the second. However, the exchange rate fluctuations that occurred with the ruble were quite predictable. They were caused by obvious factors. Therefore, the ruble was not presented with surprises to investors and thereby strengthened the credibility of itself, states "Rossiyskaya Gazeta". Believing in the Russian currency, investors ensured its growth.

After the victory of Donald Trump in the election of the US President in November 2016. the players had a hope that US sanctions against Russia could be weakened or even canceled in 2017. This, as well as the favorable macroeconomic prospects of the Russian Federation (low inflation, high interest rates and tightening of tax discipline) stimulated a significant inflow of capital into ruble-denominated government bonds in the first five months of 2017. The stability of the ruble was ensured by the cyclical currency interventions of the Ministry of Finance. The more oil and gas revenues grew and the national currency strengthened, the more the financial department began to buy up dollars and euros. As a result, the exchange leveled, which made the ruble even more popular with investors. Admittedly, thanks to external players, the national currency felt much better than expected: from January to May this year, the ruble strengthened by 6% against the dollar, despite the fact that oil has fallen in price by 10%, notes Forbes. In recent days, the ruble is marking time, now growing slightly in price, then going down. It is positively influenced by the growth of oil quotes.

Yesterday, on December 28, black gold reached the maximum price for the last 2.5 years: for a barrel of Brent oil, $ 66.32. In addition, throughout the last week the peak of tax payments supported the demand for ruble liquidity. The verbal intervention of domestic officials also helped.

As a result, the Russian currency has updated its highs from the 20th October figures in relation to the dollar and from the beginning of November to the euro.

The official exchange rate of the dollar for today, December 29, is 57.63 rubles (weakening by 18 cents). For 1 euro they give 68.79 rubles (strengthening by 56 kopecks). However, on the eve of a long weekend, players record profits. Therefore, it can not be ruled out that the ruble in today's trading (the last in 2017. ) will slightly weaken both to the American and European currencies.