For the ruble war ended

Foreign Exchange Market Finansy25-08-2008 for the ruble war ended sharp rise of U.S. dollar against the Russian currency, which occurred against the backdrop of the fighting in South Ossetia and Georgia, in the past. As soon as the theme of war leaves the information feeds, the ruble strengthened again to the notorious two-currency basket. True, the reason for the strong (as before) the strengthening, the Russian money is a little bit. Last week, the triangle "dollar-euro-ruble" was dominated by the two vectors. Bad data on the macroeconomic situation in Europe and fall in commodity markets brought down the euro to a six-month maximum ($ 1.4631 per euro). But then oil prices were fixed up, which allowed the European currency closed the week around 1.49 and prop up the ruble. In Russia, according to the chief of analytical department of the IR Arbat Capital Management "Andrew Basatskogo, the outflow of foreign capital began to decline. The factor of Russia's participation in the hostilities in South Ossetia and Georgia was played before a few alarmists - they withdrew their funds from the country a week earlier. As a result, a peak last week was the rate 24.30 rub. per dollar. In this course the Central Bank on this Monday already was 24.27 rubles. per dollar.