• The Bank of Russia lifted the Euro to 63 rubles

  • The official Euro exchange rate set by the Central Bank on may 18 raised to 92 kopecks to the level 62,96 of the ruble. The dollar increased by 48 cents to 56,74 ruble. This is evidenced by data posted on the regulator's website.

    On the Moscow stock exchange, the European single currency was worth 63,01 of the ruble, us — 56,76 of the ruble (at 13:10 GMT).

    The Brent crude on London exchange ICE is 51.64 USD per barrel — the prices have not changed in comparison with closing of the previous trading session.

    In early may, the head of the Board of the Center for strategic research, former Finance Minister Alexei Kudrin said, on average in 2017, the Russian currency will be slightly more than 60 rubles to the dollar if the current oil prices.

    A similar view on the prospects of the ruble expressed Deputy Prime Minister Arkady Dvorkovich. According to him, the equilibrium exchange rate of the Russian currency should be at around 60 rubles per dollar.


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