The Russian currency rate dropped by 0.10 rubles to the dollar and 0.095 rubles to the euro this morning. U.S. market indicators almost reached a record drop in two years. The S&P-500 continued the July fall in August. The number of jobs in the U.S. increased by 209,000 (a third less than in June), despite forecasts of 230,000. The unemployment rate reached 6.2%. The consumer confidence rating dropped to 81.8 points.
The MCSE index has a good chance of reaching 1382 points. Experts forecast 1410-1360 points and recommend investing in shares of VTB, Sberbank, Bashneft, Surgutneftegaz and Magnit. The currency rate is expected to reach 35.90-36.10 USD/RUB. Dmitry Piskulov, the chairman of the board of the National Currency Organization, told Vestnik Kavkaza that the currency rate dropped because of sanction expectations.
He noted that the ruble has been weakening in the past few months and fluctuates around the levels it had in March-April. The expert reminded that the Bank of Russia increased the base interest rate to 8%.
The Russian currency rate dropped by 0.10 rubles per dollar and 0.095 rubles per euro this morning. U.S. market indicators almost reached a record drop in two years. S&P-500 continued the July fall in August. The number of workplaces in the U.S. increase by 209,000 (a third less than in June), despite forecasts for 230,000. The unemployment rate reached 6.2%. The consumer confidence rating dropped to 81.8 points.The MCSE index has a good chance to reach 1382 points. Experts forecast 1410-1360 points and recommends investing in shares of VTB, Sberbank, Bashneft, Surgutneftegaz and Magnit. The currency rate is expected to reach 35.90-36.10 USD/RUB. Dmitry Piskulov, the chairman of the board of the National Currency Organization, told Vestnik Kavkaza that the currency rate dropped because of sanction expectations.He noted that the ruble was weakening in the past months and fluctuates around the levels in March-April. The expert reminded that the Bank of Russia increased the rate to
