13 of February 2014 on the Moscow exchange during trading, the dollar exceeded 35 rubles. At 13:15 Moscow time 1 dollar was equal 35,02 rubles, compared with the closing level of the stock exchange on 12 February 2014, up 19 kopecks.
The Euro also rose and amounted to EUR 47.72 rubles, up 37 kopeks the previous course. Thus, the value of the currency basket (consists of $0.55 and €0.45 m) was equal 40,72 rbl. that on 26 kopecks above the previous level.
The fall of the ruble began with the opening of the Moscow exchange. 10:10 Moscow time the dollar has already increased by 3 kopeks and amounted to 34,86 rubles. The Euro at 10:10 Moscow time was 47,47 rubles, up 12 kopeks from the previous course. The value of the currency basket at 10:10 Moscow time has reached a level 40,53 rubles, which is higher by 7 kopecks the previous level.
The year 2014 began with the fall of the ruble against the dollar. The dollar increase was observed due to expectations of reducing the quantitative easing program. During this period there was a fall not only rouble, but also currencies of other developing countries (South Africa, Brazil, Argentina, etc.). After 29 January, the rise in the dollar also continued (even after the statements made by the US about the decision to reduce the asset purchase).
From 27 to 31 January, the dollar rose to the level 35,33 RUB, exchange rate of Euro amounted 48,15 RUB currency basket on 30 January 2014 has renewed its historical maximum – 41,135 RUB.
03 February 2014 saw the rate decline of the Euro and the dollar. On 3 February 2014 at 21:00 Moscow time the dollar exchange rate amounted to $ 35,46 RUB, EUR – RUB 47,9 07 February 2014 at 10:16 Moscow time the dollar was already 34,56 rbl., the Euro – 46,99 RUB.
The actions of the Central Bank
Currency interventions of the Central Bank from 27 to January 31 was approximately $5.5 billion, The largest foreign exchange intervention was conducted on 30 January 2014 (they were $1.83). 31 January 2014, the volume of currency interventions was reduced. 03 February 2014 the Central Bank sharply reduced the volume of currency interventions.
