Dollar falls to one-month low against ruble at open on Wed
MOSCOW. Sept 9 (Interfax) - The dollar fell to a one-month low against the ruble at the open of trading on the MICEX currency exchange on Wednesday amid rising oil prices. The ruble continued to gain against the Central Bank's currency basket.
The dollar opened trading in "tom" contracts at 31.16-31.2 rubles/$1, falling further to 31.08-31.1 rubles/$1 in the next five-six minutes, which is 14 kopecks below the close on Tuesday and 28 kopecks below the Central Bank's official exchange rate.
The euro opened at 45.2 rubles/1 euro or roughly 10 kopecks below the previous close but almost 10 kopecks above the official exchange rate.
The bicurrency basket ($0.55 and 0.45 euro) opened at 37.5 rubles and in the ensuing five-six minutes declined to 37.4-37.45 rubles, 15 kopecks below the close on Tuesday.
The Interfax Center for Economic Analysis said the ruble was strengthening against the basket on rising oil prices.