Dollar probably reaches of 6 months maximum in Russia

Dollar probably reaches of 6 months maximum in Russia Analysts attributed the fall in oil prices with decline in the ruble
Finance
August 6, 2015 14:53
Dollar probably reaches of 6 months maximum in Russia

Baku. 6 August. REPORT.AZ/ Exchange rate of the US dollar in Russia for the first time from February 24 exceeded the 64 RUB/USD limit, the euro exchange rate is near to 70 RUB/EUR.

Report informs the decline in the exchange rate of the ruble, analysts attributed the fall in the world oil market.

September futures price for oil went down below 50 dollars / barrel.At the moment, "Brent" crude oil price fluctuates at 49-50 dollars/ barrel range.

For the last time "Brent" crude oil was sold at the minimum price of 47.68 dollars/barrel on January 12, 2015.

Earlier, at time of the global crisis of 2008, on December 2, 2008 the price was 36.2 dollars/barrel.

Researchers forecast fall in oil prices to 36.2 dollars/barrel until the end of this year. 

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