Dollar little changed at open on MICEX
MOSCOW. Nov 3 (Interfax) - The dollar was unchanged against the ruble and the euro was slightly lower at the open of trading on the MICEX exchange on Wednesday.
The dollar opened at 30.78 rubles/$1, the same as the close on Tuesday and the official exchange rate for Wednesday.
The euro was at 43.1-43.15 rubles/EUR1, 5-10 kopecks above the previous close and 15 kopecks above the official exchange rate.
The bicurrency basket ($0.55 and 0.45 euro) edged down 2-3 kopecks to 36.34 rubles.
The Interfax Center for Economic Analysis said that despite higher oil prices the ruble was being held back by continuing demand for foreign currency. Investors are also staying on the sidelines as they await decisions by the U.S. Federal Reserve.