Tuesday, March 24, 2009

The dollar continued to fall in the ruble

Average U.S. dollar to the Russian ruble to the payment terms "tomorrow" to bid a single trading session on MICEX as of 11:30 Moscow time, on the basis of which the process dollar a day, decreased by 11.95 kopecks, compared with the state of at 11:30 the previous trading day and amounted to 33.3034 rubles, sends "Finmarket.

Weighted average rate of the euro for a period of calculations "Today" at 11:30 in relation to average at 11:30 on the previous session down 6.45 cent and amounted to 45.6344 rubles.

The dollar dropped to the ruble to a minimum by more than a month and a half. Strengthening of Russia's currency continues. Cost basket dropped by 10 cents, and at 11:30 was 38.85 rubles, compared to 38.95 rubles on Friday.

On the international market Forex market value of the dollar decreases to euro on expectations that the new measures of state banks in the U.S. will increase investors' appetite for risk and the demand for more profitable rate.

Euro at 11:29 Moscow time on Monday was worth 1.3685 dollars compared with 1.3582 dollars at the end of the previous trading day.

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