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Dollar reaches 81.96 rubles, euro close to 89 rubles following decline of oil prices

January 26, 10:24 UTC+3 MOSCOW
The price of Brent crude oil futures contract for March delivery on the London’s ICE fell by 3.28% to $29.5 per barrel
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© Sergei Konkov/TASS

MOSCOW, January 26. /TASS/. The dollar rose by 1.92 rubles to 81.96 rubles at the opening of the trading session on the Moscow Exchange on Tuesday.

At the same time the euro increased by 2.01 rubles to 88.94 rubles.

The rubles weakens following oil prices. Thus, the price of Brent crude oil futures contract for March delivery on the London’s ICE fell by 3.28% to $29.5 per barrel.

The RTS index fell by 3.5% to 657.39 points, the MICEX index lost 1% and reached 1699.24 points at the opening of the trading session on the Moscow Exchange on Tuesday. At the same time, the RTS index is falling following the weakening ruble. 

This week the Russian financial market is waiting for the results of the meetings of the US Federal Reserve System (Wednesday, January 27), and the Russian Central Bank on the key rate (Friday, January 29).

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