Neither the rise in oil prices, nor their decline

Following the auction on Thursday, August 24, the dollar to the ruble rate increased by 9 cents to 59.15. The euro to the ruble rate increased by 7 cents to 69.80 (note: ProFinance.ru: as of 23:50 Moscow time).
On Wednesday, the Russian currency ignored the rise in oil prices, and on Thursday almost did not pay attention to their sharp decline. It seems that the dynamics of risky currencies, like the ruble, at the moment is completely determined by the emotions of investors, which in turn are related to the expectation of Friday’s speeches by Mario Draghi and Janet Yellen. Other external factors are simply ignored.
The volume of trading in the currency section of the Moscow stock exchange on Thursday August 24 amounted to 1.156 trillion. Rubles ($ 19.553 billion).

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