As of 10.34am on the Moscow Exchange, the dollar price increased by 1.88 rubles to 65.05 rubles after the previous trading session, the euro gained 2.4 rubles and cost 77.08 rubles, the maximum price since the peak of the ruble’s fall, Interfax reports.
The dollar price has increased by 4.75 rubles (7.9%) and the euro by 5.5 rubles (7.7%) in three days.
Prices for Brent and WTI oil have reached their lowest volume in the last 5.5 years in the light of excessive extraction in the U.S. and OPEC states. According to Bloomberg, the market awaits publication of data of the U.S. Energy Department, which should indicate a growth of national oil reserves by 1.75 million barrels to 384.1 million barrels last week.
