Dollar inches down in Russia, stays close to Dec maximum

11:00, 06.01.2015 1 min read

The dollar inched down staying close to maximums of the second half of December while the euro grew a bit on the Moscow Exchange on Tuesday as the ruble remained under pressure from declining oil prices.

The dollar traded at 60.1-61.33 rubles/$1 on the Moscow Exchange and averaged 60.82 rubles/$1 after three minutes of trading, down 0.03 rubles from the previous closing. The euro was up 0.1 rubles to 72.8 rubles/EUR1. The bi-currency basket ($0.55 and EUR0.45) gained 0.03 rubles to 66.21 rubles.

The dollar traded 4.6 rubles above the official exchange rate while the euro was 4.5 rubles above the official exchange rate.