27 May 2010 10:22

Ruble continues to strengthen against dollar, euro

MOSCOW. May 27 (Interfax) - The ruble continues to strengthen against the dollar and euro now the mood in the global markets, particularly Asia, and oil prices have picked up.

The dollar was down 25 kopecks to 30.88-31.05 rubles in Tom deals on the Moscow Interbank Currency Exchange (MICEX) in the first few minutes of trading. This was 40 kopecks below today's official rate. This is the first time the dollar has fallen below 31 rubles since May 24.

The euro opened down 25-30 kopecks at 38 rubles/EUR1, which was 50 kopecks below the official rate.

The dual currency basket ($0.55 and EUR 0.45), which fell 39 kopecks yesterday, has risen 30 kopecks to 34.05-34.1 rubles so far today.