Wednesday, June 6, 2012

Trades of the previous day ended at around 41.14 rubles.

The euro on the Russian Stock Exchange on June six fell by sixty cents to forty.five rubles.Trades of the previous day ended at around forty-one.fourteen rubles.The dollar fell fifty-five cents to thirty-two.four rubles.The Russian ruble has appreciated against the backdrop of a substantial rise in oil prices : June six, raw material cost of a barrel of Brent crude exceeded $ one hundred and one .As of eighteen:fifteen Moscow price of one hundred.nine dollars.Thus, the price of oil has topped $ one hundred for the first time in the past five days.June two the head of the Central Bank of Russia Sergei Ignatyev said that even if oil prices begin to recover , the ruble will cease to fall or will fall in price much more slowly.Its forecast for the head of the regulator explained the intentions of the Central Bank to enter the market with currency interventions.According to him , June one, the Bank of Russia sold $ two hundred million."The situation is under control" , - assured Ignatiev.The fall of the ruble forced the Central Bank to intervene for the first time since January of this year.Over the past few weeks, Russia's national currency depreciated substantially : in early May, the dollar stood at twenty-nine.five rubles, and on June one crossed the mark of thirty-four rubles .The euro exchange rate over the same period rose from thirty-eight.seven to forty-two rubles.Rising oil prices and the strengthening of the ruble followed by recovery in global stock markets.The MICEX index up to six June rose one.twenty-five percent to one thousand, three hundred and thirteen points , RTS - by two.five percent to one thousand, two hundred and seventy-eight points.Exchanges are also growing in Europe, Britain's FTSE one hundred added one.eight percent , Germany's DAX rose one.five percent , the French CAC forty - by one.seven percent .The " green " zone and the U.S. markets are traded : in the early hours of the session Dow Jones and S uzero P rose one.three percent , Nasdaq - by one.fifty-six percent.

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