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Business / Finance

Reuters: Ruble is stable in the last trading day of 2018 monitoring of the banking press 29.12.2018 at 08:30

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The Ruble shows minor changes in the major cross rates on low activity auctions of Saturday, on the last trading day of the year, holding near the lowest levels in more than three months against the background of cheap oil.

By 10.50 Moscow time quotations of the pair dollar/ruble calculations "tomorrow" was at the level of 69.44 and the ruble is gaining 0.11 percent.

the Euro/ruble settlements "tomorrow" is now near the level 79,55, and the rouble rises in price on 0,16%.

the price of Brent crude oil fell in December to its lowest level in more than a year because of concerns about the glut in the market, bringing the ruble fell to the lowest level since mid-September.

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 grew on Saturday following a rally on wall street. The RTS index climbed 0.6 percent to 1.072,63 points, the index of Masuri — 0.3 percent to 2.366,04 points.

by Andrey KUZMIN. Translated Faith SOSENKOVA