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Dollar drops against ruble amid Brent price nearing $34 per barrel

February 15, 16:02 UTC+3
The rig count in the United States declined by 28
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© Sergei Konkov/TASS

MOSCOW, February 15. /TASS/. The dollar fell 1.34 rubles on the Moscow Exchange during the Monday trading session to 77 rubles. The euro declined 1.99 against the ruble to 86.14 rubles.

At the same time, Brent oil futures with April supply are currently rising 1.65% on the London’s ICE to $33.92 per barrel.

"Higher appetite for global market risks was supported today by expectations of further monetary stimulation in Japan. Oil prices grew against such a background and Brent prices surged above $33 per barrel. Oil prices were further supported by data published on Friday, which showed the rig count in the United States declined by 28," Sberbank CIB expert Vladimir Pantyushin said.

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