27 Oct 2010 10:23

Dollar rises, euro declines against ruble at open of trade on MICEX

MOSCOW. Oct 27 (Interfax) - The dollar rose sharply against the ruble at the open of trading on the MICEX currency exchange on Wednesday and the euro declined, sending the ruble lower against the Central Bank's currency basket.

The dollar opened at 30.52-30.57 rubles/$1, 13-18 kopecks above the close on Tuesday and the official exchange rate.

The euro was at 42.21 rubles/EUR1, 6 kopecks below the previous close and 26 kopecks below the official exchange rate.

The bicurrency basket ($0.55 and 0.45 euro) rose to 35.8 rubles in the first few minutes, 6 kopecks above the close on Tuesday.