• The ruble fell to a monthly low against the dollar and Euro

  • The ruble fell to the lowest level in a month against the dollar and Euro in early trading session on 2 November at the Moscow stock exchange. The dollar rose 15 cents to 63.47 ruble and the Euro rose 35 cents to of 70.35 rubles. This is evidenced by the auction.

    Major foreign currencies are rising against the background of falling oil prices on the world market. Brent crude on the ICE exchange in London fell below $ 48 per barrel.

    Oil futures are down a few days after the technical meeting of representatives of OPEC in Vienna on 28 October, the final decision on the oil quota was not accepted.

    26 Oct analysts polled "Tape.ru", reported, by the end of the year, the ruble is waiting for the weakening of the dollar. The U.S. currency may rise to age 65 to 69 rubles, they are made.

    In late September, OPEC agreed to freeze oil prices. Cartel members set the production ceiling at the level of 32.5 million barrels a day. The final agreement should be signed at the meeting in November.


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