Dollar, euro post major losses amid improved foreign markets on Mon
MOSCOW. Nov 19 (Interfax) - The U.S. dollar and the euro posted significant losses on the MICEX on Monday amid improved global capital market conditions and rising oil prices.
By the end of the day's trade, the dollar had fallen 23.5 kopecks over Friday's close to 31.49 rubles/$1.
The euro stood at 40.27 rubles/EUR1, down 12.99 kopecks over Friday.
The bi-currency basket fell 19 kopecks to 35.44 rubles.
The Central Bank lowered its official dollar rate for Tuesday by 5.07 kopecks to 31.6677 rubles/$1 and lowered its euro rate 5.52 kopecks to 40.4207 rubles/EUR1.
The dollar averaged down 9.36 kopecks to 31.6197 rubles/$1 in Today deals on the MICEX and 15.03 kopecks to 31.5822 rubles/$1 in Tom deals. Overall trading volume was $5.452 billion, including $1.452 billion Today and $4.443 billion Tom.
The euro fell 6.4 kopecks to 40.3756 rubles/EUR1 in Today deals and 11.25 kopecks to 40.3292 rubles/EUR1 in Tom deals in volume of EUR383.009 million, including EUR199.253 million Today and EUR183.756 million Tom.
The MosPrime rate for overnight loans edged down 3 basis points to 6.41%.