17 Jun 2011 19:44

Dollar makes downward correction, euro moves upward on MICEX

MOSCOW. June 17 (Interfax) - The U.S. dollar, after sharp growth on Thursday, made a downward correction on the MICEX on Friday while the euro posted major gains following its positive trend on the Forex market. The Russian ruble posted minor losses against the Central Bank's bi-currency basket (set at 0.45 euro and $0.55) owing to instability on world stock and commodity markets.

The dollar dropped by 12.71 kopecks to close at 28.055 rubles/$1 while the euro increased by 24.9 kopecks to finish at 40.089 rubles/EUR1.

The bi-currency basket went up by four kopecks to close at 33.47 rubles.

The dollar's average weighted exchange rate on MICEX went down by 3.93 kopecks to 28.1611 rubles/$1 in Today deals and 7.92 kopecks to 28.1322 rubles/$1 in Tomorrow deals. Combined dollar trading on MICEX amounted to $5.018 billion; of which $1.285 billion were Today deals and $3.733 billion were Tomorrow deals.

The euro's average weighted rate went up by 9.17 kopecks to 39.9292 rubles/EUR1 in Today deals and 14.85 kopecks to 39.9804 rubles/EUR1 in Tomorrow deals. Combined euro trading amounted to 394.241 million euro, of which 150.2 million euro were Today deals and 244.04 million euro were Tomorrow deals.

The overnight MosPrime Rate went down by two kopecks to close at 3.77%.