In early MICEX trading on Monday, the dollar and the euro declined, while the ruble strengthened amid rising oil prices and an uptrend on the stock exchange.
First deals on the US dollar were at 64.87-65.01 rubles. In two minutes, the price was 64.93, down 16.5 kopecks from Friday’s close.
Meanwhile, the euro traded at 72.56 rubles, down 4 kopecks from the previous closing price. The currency basket fell by 11 kopecks to 68.365 rubles.
Russia's stock market opened higher due to the positive dynamics on the global stock market. Oil price changed slightly after the Friday’s rise, on the back of weak US labor market data for August. The data reduced expectations for the Fed’s interest rate hike in September.
Brent crude futures for November delivery traded at $46.9 per barrel. On the ICE Futures Exchange in London, Brent settled with a gain of 3% on Friday.
