Passenger plane crashes in CubaWorld April 29, 22:49
US anti-missile systems in Eastern Europe violate INF Treaty - Russian foreign ministryRussian Politics & Diplomacy April 29, 20:35
Moscow police say 250 people take part in protest rallyWorld April 29, 16:29
Abe plans to continue dialogue with Putin to solve global issuesWorld April 29, 14:50
Moscow is ready to cooperate with Washington on Syria — LavrovRussian Politics & Diplomacy April 29, 12:24
Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts slam 'Russian hacking' hype as 'fake news' to feed US media's ratingsRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
MOSCOW, March 17. /TASS/. The RTS index during trading on the Moscow Stock Exchange rose by 4.17% to 870.83 points - the maximum value since November 27, 2015. The MICEX index rose by 1.02% to 1890.25 points. The RTS index accelerated growth follows the strengthening of the ruble. Thus, the dollar exchange rate today fell below 69 rubles and euro - below 77 rubles.
The ruble strengthened against the dollar after the decision of the US Federal Reserve System acting as the national central bank to keep the base interest rate at 0.25-0.5%.
The Federal Reserve decided to keep the base interest rate at the level of 0.25-0.5% at the prior meeting held on January 26-27. The regulator increased the rate by 0.25% in December 2015.
Oil prices also rose against the depreciation of the dollar after the US Federal Reserve System meeting, which provided additional support to the ruble and the RTS index. Thus, the price of the Brent crude oil futures contract for May delivery on London’s ICE rose by 1.31% to $40.86 per barrel.