Dollar posts slight gains on MICEX, CB continues to restrain ruble
MOSCOW. Oct 21 (Interfax) - The U.S. dollar posted slight gains on Wednesday as the euro slid to its lowest rate on the MICEX since June. The dollar went up on the forex in light of losses posted on world stock markets. The ruble hit a new high against the bi-currency basket in morning trades but largely went unchanged for the rest of the day as the Central Bank restrain its growth.
The dollar went up by 4.51 kopecks in Tomorrow trades to 29.185 rubles/$1 while the euro lost 9.05 kopecks to close at 43.5895 rubles/EUR1.
The bi-currency basket slipped to 35.63 rubles in morning trades, its lowest standing since the start of January. However, the indicator was able to recover mostly, only losing one kopeck for the day and closing at 35.67 rubles.
The dollar's average weighted exchange rate on the MICEX went down by 1.51 kopecks to 29.641 rubles/$1 in Today deals on Wednesday and by 0.79 rubles to 29.1701 rubles in Tomorrow deals. Total dollar trading on the MICEX amounted to $5.202 billion with $1 billion in Today deals and $4.102 billion in Tomorrow deals.
The euro went down 10.2 kopecks to 43.5923/EUR1 rubles in Today deals and 8.64 kopecks to 43.5916 rubles/EUR1 in Tomorrow deals. Total euro trading came to 298.8 million euro, of which 56.1 million euro were Today deals and 242.7 million euro were Tomorrow deals.
The overnight MIACR came to 5.61%, up 15 basis points for the day.