Russian ruble wins back portion of day's losses by close of MICEX trading
MOSCOW. June 14 (Interfax) - The Russian ruble, which posted steady losses at the start of trading on Tuesday against the Central Bank's bi-currency basket (set at $0.55 and 0.45 euro), was able to recover a portion of the session's losses owing to the improving situation on foreign stock exchanges and commodity markets.
The bi-currency basket went up by around 2.5 kopecks to close at 33.456 rubles (after reaching a session height of 33.5 rubles). The U.S. dollar went up by 4.24 kopecks to close at 27.8799 rubles/$1 while the euro slipped by 0.52 kopecks to finish at 40.2723 rubles/EUR1.
The dollar's average weighted exchange rate on MICEX went up by 8.29 kopecks to 27.8817 rubles/$1 in Today deals and 6.2 kopecks to 27.8803 rubles/$1 in Tomorrow deals. Combined dollar trading on MICEX amounted to $3.41 billion; of which $944.67 million were Today deals and $2.465 billion were Tomorrow deals.
The euro's average weighted rate went up 4.47 kopecks to 40.2773 rubles/EUR1 in Today deals and by 2.69 kopecks to 40.2823 rubles/EUR1 in Tomorrow deals. Combined euro trading amounted to 330.016 million euro, of which 132.275 million euro were Today deals and 197.741 million euro were Tomorrow deals.
The overnight MosPrime Rate came to 3.75% for June 14, unchanged for the whole day.