Pessimistic forecasts for the Russian currency did not materialize. The ruble exchange rate skyrocketed on the eve, and today the "wooden" continues to hold the bar. On the side of the ruble, there are strong positive factors. During yesterday's trading on the Moscow Stock Exchange, the US dollar depreciated by 65 kopecks, the euro weakened by 22 kopecks. Today's trading opened with a decrease in the ruble (this is a logical correction after yesterday's growth), but gradually the situation stabilized. As of 11:00 Moscow time, foreign currencies behave differently in relation to the ruble: $ 1 is worth 56.8 rubles, which is 7 kopeks less than yesterday's close, and for 1 euro they give 70.26 rubles - 7 cents more. Currency analysts say that the powerful support for the ruble is provided by oil quotes. The US Department of Energy announced that oil and gasoline reserves in the country have decreased significantly. As a result, yesterday, black gold renewed the weekly maximum, having risen in price by 3%. Therefore, investors rushed to buy rubles for foreign currency. Today, oil may be a little cheaper, but it will not be so noticeable. The dollar is getting cheaper on all fronts because of internal US economic dissent. It also helps the ruble feel comfortable enough. Additional support for the Russian currency was provided by the Ministry of Finance of the Russian Federation. The agency threw on the market two issues of government bonds for a total of 30 billion rubles. The demand for paper was three times higher than the supply.
In addition, the index of government bonds of Russia (RGBI). This means that foreign players believe in the stability of the Russian economy and the Russian currency. As a result of today, the ruble should maintain its positions. "Two contradictory factors will act on the Russian currency: falling oil and the sale of currency by exporters for settlements with the budget.
In general, as a result of the day, we do not expect a strong change in the exchange rate compared to the ruble's quotes at midnight, "- analyst of Alor Broker Alexei Antonov.
However, in the coming week, positive factors for the ruble will weaken, and the Russian currency may noticeably lose in price. "After the peak of tax payments (March 26), the weakening of the ruble will resume. In addition, there were rumors that OPEC could change the deal. If they are promoted in the media, the price of a Brent barrel will drop to $ 65. Accordingly, due to geopolitical risks and a decline in oil prices, the ruble will be under pressure, "said Alpari analyst Vladislav Antonov.