Dollar and euro up in MICEX trading owing to stock market losses
MOSCOW. Oct 2 (Interfax) - The U.S. dollar and euro posted gains on Friday in MICEX trading owing to declining oil prices and losses on world market. The dollar reached its highest point for the week while the euro only edged upward. The ruble posted substantial losses against the bicurrency basket.
The dollar gained 18.5 kopecks in Tomorrow trading to close at 30.245 rubles/$1 while the euro went up by nine kopecks to finish at 43.9 rubles/EUR1.
The bicurrency basket gained 14 kopecks to close at 36.39 rubles.
The dollar's average weighted exchange rate on the MICEX went up by 7.97 kopecks to 30.1373 rubles/$1 in Tomorrow deals on Friday and increase by 11.24 kopecks to 30.1804 rubles/$1 in Tomorrow deals. Combined dollar trading on the MICEX amounted to $3.383 billion, of which $777 million were Today deals and $2.606 billion were Tomorrow deals.
The euro's average exchange rate decreased by 1.18 kopecks to 43.8137/EUR1 rubles in Today deals and increased by 6.2 kopecks to 43.8675 rubles/EUR1 in Tomorrow deals. Total euro trading came to 156.6 million euro, of which 72.6 million euro were Today deals and 84 million euro were Tomorrow deals.
The overnight MIACR came to 5.81%, up 13 basis points for the day.