The Russian stock market on Thursday resumed growth amid more positive external environment.
As of 5:11 pm Moscow time, the euro extended losses to 0.72% trading at 88.9625 rubles, while the dollar was down by 0.48% at 73.3925 rubles.
The real effective exchange rate of the Russian ruble against currencies of the main trade partners adjusted for inflation rose by 3% in December 2020 compared with the previous month, and dropped by 14% in 2020.
The ruble in 2021 will strengthen to a fundamentally justified level of 65-70 rubles per US dollar.
The Bank of Russia sold 2.3 bln rubles ($31.27 mln) worth of foreign exchange on the domestic market with settlements on January 13 as part of preventive measures curbing volatility, the regulator reported on Thursday.
The RTS index traded at the level of 1,467.75 points (-1.28%).
As of 10:24 am, the dollar was up by 0.28% trading at 73.95 rubles, while the euro was trading at 89.83 rubles (+0.24%).
The number of individuals with brokerage accounts on the Moscow Exchange in 2020 increased by almost 5 mln and reached record-breaking 8.8 mln.
The Bank of Russia sold 2.3 bln rubles ($31 mln) worth of foreign exchange on the domestic market with settlements on January 12 as part of preventive measures curbing volatility, the regulator reported on Wednesday.
The MOEX Index added 0.47% to 3,487.92 points as trading opened.