Dollar, euro up against ruble in early trading Monday

The dollar and euro edged up against the ruble in early trading on the Moscow Exchange Monday as the ruble fell against the bicurrency basket amid declining oil prices.

The dollar and euro edged up against the ruble in early trading on the Moscow Exchange Monday as the ruble fell against the bicurrency basket amid declining oil prices.

The dollar traded at 47.2 rubles/$1 after the first minute or so, 3 kopecks above Friday's closing level and 19 kopecks above the official rate for today.

The euro began the day at 59.21 rubles/EUR1, 16 kopecks above previous closing and 23 above the official rate.

The bi-currency basket ($0.55 and EUR0.45) started the day at 52.605 rubles, up 8.5 kopecks from Friday's closing value.

Read more: Ruble has great potential for strengthening even with low oil price - Russian Central Bank chief

 

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