Today, before the opening of trading on the Russian market for the ruble, there was a positive external background.

The national currency will be supported by the further recovery of the energy market, where the nearest futures for Brent crude rose to $ 56.2 per barrel, adding 0.6%. The turnover of the ruble will also be facilitated by the continued demand for currencies of developing countries. However, a significant strengthening of the Russian currency is not expected, the dollar / ruble pair will continue to move in the region of 73.5-73.7 rubles. We would like to remind that by the end of Tuesday the ruble strengthened against the major world currencies.

Brent crude oil futures rise 0.72% to $ 56.30 a barrel 

The bullish trend in the oil market is pushing prices to the highs, despite serious concerns about demand. The IEA on Tuesday cut its forecast for oil demand growth in 2021. by 280 thousand barrels per day to 5.5 million barrels per day. The negative outlook is due to an increase in the number of new cases of COVID-19 in the United States, Europe and China. Given that market participants continue to ignore all the fundamental risks that, under normal conditions, would have long since become the cause of a protracted corrective rollback, it follows that hopes for a global economic recovery remain the main driving force of the oil market. On this wave of optimism, Brent quotes may well reach $ 60 per barrel.

U.S. dollar - 73.4944

Also, the dynamics of the dollar was influenced by the statement of the candidate for the post of the head of the US Treasury Janet Yellen. The day before, she announced the need to adopt new budgetary incentives, despite the negative factors associated with a higher debt burden. The soft rhetoric of the American authorities was the main reason for the renewed dollar sales.

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