20 Aug 2009 10:20

Ruble strengthens on higher oil

MOSCOW. Aug 20 (Interfax) - The dollar fell 40 kopecks to 31.6 rubles/$1 in the first few minutes of trading on the MICEX exchange.

This is 30 kopecks below today's official rate.

The euro fell 10-20 kopecks to 45-45.1 rubles/EUR1.

The dual currency basket ($0.55 and EUR 0.45) fell 30 kopecks to 37.65 rubles.

The ruble is strengthening on the back of higher oil prices.