Dollar exchange rate - 29 rubles

This morning the dollar on the MICEX was a record for three previous years, reaching 29 rubles. The U.S. currency traded at 28,99-29 rubles per dollar, 30 cents above the official rate set by the Bank of Russia. The first transaction on MICEX by the euro was only at 10:09, Moscow time, in the section calculations tomorrow. The euro rose to 40.47 rubles per euro, up 30 cents above the previous day's close. The ruble fell against the currency basket (the operational indicator of the CBR, which includes 0.55 dollars and 0.45 euros) by about 40 cents. Cart is estimated at 10:09, Moscow time, amounted to 34.24 rubles. In the Forex market the dollar to the euro ends week lower on continued cost reductions of Americans and the deterioration in the labor market, informs "Interfax" referring to agency Bloomberg. "The dollar is very vulnerable and can dramatically fall in price by the middle of next year - believes Akifumi Usida of Sumitomo Trust & Banking in Tokyo. - Status of the U.S. economy suggests that the dollar will weaken. It will take some time before the Government's measures to stimulate the economy will begin to yield results. "