• The Bank of Russia raised the dollar above 60 rubles

  • The official dollar rate set by the Bank of Russia of July 7, is 60,25 ruble. It was raised to 66 cents. While the Euro rose by a penny to 71 68,38 of the ruble. This is evidenced by data, posted on the regulator's website.

    On the Moscow stock exchange American currency at 14:20 GMT cost 60,07 ruble (plus six cents for the close of the previous session), the European single — 68,28 (added 11 cents).

    The ruble weakening against the background of fluctuations in oil prices. The price of standard grade Brent, reached 48,55 USD per barrel, while in early trading July 5 it was worth 49,73 dollar.

    6 in an interview in July "Tape.ru" the chief economist for Russia at Bank of America Merrill Lynch Vladimir Osakovsky said, by the end of 2017, the dollar will cost 60 rubles, Euro — 65. "Some tendency towards weakening of the ruble, but in the bounds of decency," — said the expert.

    Two days earlier, the Bank released a forecast that by the end of the third quarter, the dollar will rise to 65 rubles. "Zerich capital Management" also expects that by the fall of the U.S. currency will rise to 62-65 rubles.


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