Thursday , September 19 2019
Home / policy / The Central Bank continues to raise official rates of dollar and Euro

The Central Bank continues to raise official rates of dollar and Euro

ЦБ РФ продолжает повышать официальные курсы доллара и евро

The official rate of dollar established by Bank of Russia since August 21, increased by 17.5 cents to 66,7840 of the ruble. While the single European currency gained almost 3 pennies, and tomorrow it will 73,9766 of the ruble.

On the eve of the regulator raised the dollar exchange rate immediately by 61 kopecks, Euro — by 72.5 penny.

Recall that at the start of today’s trading on the Moscow exchange, the Russian national currency strengthened against the dollar and the Euro.

To date, the dynamics has not changed. So, as of 13:38 GMT us dollar exchange rate calculations “tomorrow” fell by 13 kopecks to the previous close to 66.76 ruble. The single European currency slid to 13:37 GMT by 10.5 cents to 73,9850 of the ruble, according to data exchange.

However, IAC warns analyst “Alpari” Vladislav Antonov, “the ruble remains vulnerable because of the constant statements of the Chinese and American sides on the subject of trade negotiations, and the dynamics of oil prices”.

The expert of the Academy of management Finance and investment Gennady Nikolaev believes that “to the end of the week, much will depend on signals from the fed (American Central Bank — ed.) — initially within the framework of tomorrow’s FOMC minutes and then the speech (Governor Jerome) Powell at the Symposium in Jackson hole on Friday.” “The breakdown of the level of 67 roubles (per dollar) will take place if enough soft rhetoric of the Central Bank will launch a new USD rally across the entire spectrum of the market”, — predicts analyst.

We also add that the real effective exchange rate of the ruble (inflation-adjusted) in July 2019 rose 1.6% against foreign currencies relative to the previous month. In this case the real exchange rate of the ruble against the dollar during the reporting period by 1.8%, the Euro 2.1%. For the first 7 months of the current year the real effective ruble exchange rate grew by 7.7%, including the us dollar by 7.1%, and to Euro — on 9%.

© 2019, z-news.link. All rights reserved.

Check Also

The ex-COP has created a “Union of the peoples of the sun and of the peoples of the Crescent moon” to fight the Jews

In Taganrog the ex-COP has created a “Union of the peoples of the sun and …

Leave a Reply

Your email address will not be published. Required fields are marked *