Above, we can see a chart of new coronavirus cases registered in Moscow. The latest figure is +3,545 whereas the highest level is +6,000.
An increase in the number of new positive cases has slowed down. If the tendency remains the same in the next days, we are likely to pass the peak by the end of May. It means that the number of people under treatment will pass the maximum. In other words, the number of new patients will be smaller than the number of discharged ones.
On the chart of "Active cases of COVID-19" in Moscow, we can see that the curve may hit the high and drop. If we manage to avoid a new wave of the coronavirus outbreak (above +5,000), the chart will move down. At the moment, there are 3,500 new cases.
The following chart can show us what place Russia takes in the number of virus cases among all the countries.
Russia now has the second-highest number of cases in the world after the US. In Brazil, the daily increase of infected people is 15 thousand. The data reflects situation on May 19th.
Ruble: It is time to buy the US dollar and the euro.
The Russian ruble inched up.
The rise was caused by higher oil prices. For example, Brent crude advanced by almost 100% to $35 a barrel from the lows logged on April 20th. This fact has a really positive influence on Russia's oil industry and budget. There is one more reason for the ruble appreciation. Thus, Russia's central bank decided to sell foreign currency to support the national currency. According to the unofficial data, the ruble will be supported until Russia's nationwide vote on constitutional amendments that is expected to be held on June 24th.
However, oil prices may drop soon. Fed chairman said that the economic recovery will be very slow and oil prices will rise slowly as oil market is oversupplied.
People in Russia should buy the euro and the US dollar right now.
