Dollar closes week without changes on MICEX, euro drops in value
MOSCOW. April 16 (Interfax) - The U.S. dollar went unchanged on the MICEX on Friday while the euro dropped on the forex and the Russian market as uncertainty was abound regarding the decrease in Greece's budget deficit. The ruble posted gains against the Central Bank's bi-currency basket.
The dollar went unchanged in Tomorrow trades on the MICEX at 29.0225 rubles/$1 while the euro dropped noticeably by 13.5 kopecks to finish at 39.21 rubles/EUR1.
The ruble gained against the bi-currency basket ($0.55 and 0.45 euro) for the second day in a row, posting its highest position since December 2008. The basket lost 6 kopecks to close at 33.61. The indicator went down by 11 kopecks for the week.
The dollar's average weighted exchange rate on the MICEX increased by 3.15 kopecks to 29.0122 rubles/$1 in Today deals on Friday and 1.66 kopecks to 29.0166 rubles/$1 in Tomorrow deals. Total dollar trading on the MICEX amounted to $3.91 billion with $1.019 billion in Today deals and $2.891 billion in Tomorrow deals.
The average weighted rate of the euro went down by 16.25 kopecks to 39.2471 rubles/EUR1 rubles in Today deals and 9.46 kopecks to 39.2759 rubles/EUR1 in Tomorrow deals. Total euro trading came to 184.7 million euro, of which 69.9 million euro were Today deals and 114.7 million euro were Tomorrow deals.
The overnight MosPrime Rate came to 3.65%, down nine basis points for the day.