The Russian ruble is due this March to take a minimum of 14 months in front of the dollar, through a sale window in the previous session, in the context of the sensitivity of Russian assets to tensions between Moscow and the West over Ukraine.
La volatility has been affected by Russian markets in recent weeks ahead of the Occurrence of Russia, which Russia has been able to invade in recent weeks, while Moscow has repeatedly called for bargains. Occidentally, sanctions have been imposed on Russia with far-reaching economic effects.
La OTAN dijo el lunes que iba a poner fuerzas en espera ya reforar su su presence in this West of Europe with more boats and fighter jets, an operation that only Russia has to respond to the “occidental” hysteria in response to its accumulation of troops on the front with Ukraine.
The ruble was debited by 0.3% against the dollar and settled at 79.01, reducing the previous gains. The lunar cayo is 79.50, the highest level of the ruble since November 3, 2020.
Front of the euro, the ruble gained 0.1% and contributed to 89.01, recovering from its most volatile point since July 2021, topping the lunar.
“A corrective rebate has not been reduced by the volume of sales auctions. Without embarrassment, tensions between the United States and Russia continue to grow as they have always been and there is a tendency to suggest a greater futility in the future”, says BCS Global Markets on a note.
The ruble benefits more from the Central Bank of Russia dijera que dejaría de comprar divides the lunes, antes de que se reanudaran las perdidas. This message is probably impediment that the ruble will be debited more than 80 francs per dollar, said Dmitry Polevoy, investment manager at Locko Invest.
In virtue of a tax standard adopted in 2017 to defend the Fondo de la Riqueza NacionalRussia buys divisions when the prices of the petroleum are high and sells when the prices increase by $ 44 per barrel, protecting the ruble from the oscillations of the price of the oil.
The Brent crude, a global reference for Russia’s main export, fell 0.7% to $ 86.87 a barrel.
For the second consecutive week, the Ministry of Finance canceled the semi-annual bonuses of the OFZ treasury that the markets had won, in an effort to facilitate the stabilization of the market, achieving the persistent volatility of the financial markets.
Reference-www.eleconomista.com.mx