Monday, March 9, 2009

Russian ruble strengthened to basket, the dollar second day in a row

Average U.S. dollar to the Russian ruble to the payment terms "tomorrow" to bid a single trading session on MICEX as of 11:30 Moscow time, on the basis of which the process dollar a day fell to 15.25 cent, compared with a condition on 11:30 the previous trading day and amounted to 35.7374 rubles, sends "Finmarket.

Weighted average rate of the euro for a period of calculations "Today" at 11:30 in relation to average at 11:30 the previous session rose 8.56 cent, and amounted to 45.3346 rubles.

Cost basket dropped by 4 cent, to 40.06 rubles, compared to 40.10 rubles on Thursday.

At the international Forex market the dollar is falling today and the euro on concern the deepening crisis in the U.S., yen finishes week of the fall of the dollar and slowing growth in the euro against the backdrop of the deteriorating political situation and economic downturn in Japan, which reduces the attractiveness of Japan as a means of backup assets.

Euro on Friday morning was worth 1.2577 dollars against 1.2540 dollars at the end of the previous trading day in New York.

The course is a single European currency rose to the Japanese morning with 123,00 to 123.56 yen. The value of the dollar has risen by this time up to 98.24 yen compared with 98.07 yen at the closing session on Thursday.

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