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Business / Finance

Reuters: Ruble stabilized after the oil is at the pre-auction monitoring of the banking press 28.12.2018 at 08:00

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The Ruble higher against the dollar on Friday morning amid a recovery in oil prices, which earlier this week fell to its lowest level in more than a year.

the Pair dollar/ruble calculations "tomorrow" to 11.30 GMT was near the mark of 69.44, and the rouble rises in price by 0.17 percent.

To the Euro, the ruble is losing 0.03 percent, and the stock prices calculations "tomorrow" near 79,56.

Despite the increase in oil prices and the approach of tax payments, the ruble remains under pressure due to the reduction in investor positions in risky assets, analysts said ALOR Broker.

the Activity of local market players, expected to remain low until January 9, when the end of the Christmas holidays. The Moscow exchange will be closed for the holidays and will not conduct an auction from 30 December 2018 to 2 January 2019 and from 5 to 7 January 2019.

the Russian stock Market is growing on Friday, copying the dynamics of prices for oil — a key Russian exports. Brent crude rose 2.2 percent to $of 53.30 per barrel.

the RTS Index rose 0.94 percent to 1.066,57 points. Mosberg index gained 0.96 per cent, rising to 2.350,13 points.

Gabriel TETRO-FARBER. Translated Faith SOSENKOVA. Editor Anton KOLODYAZHNY