The yuan has rebounded from summer lows, and Moscow's stock market is losing 0.3% on currency swings. The dollar on the interbank market rose above 80.5 rubles, and the yuan returned to 12.11 rubles. The yuan briefly fell below 12 rubles - to its lowest level since the summer. After the morning strengthening of the ruble by almost 1%, the situation has reversed, now the Russian currency is losing more than 0.5%. Speculators continue to bet on the weakening of the ruble. In the derivatives market of the Moscow Stock Exchange, significant positions are maintained against the Russian currency, and sharp fluctuations allow participants to make money on exchange rate differences. High oil prices may increase pressure on the ruble through the budget rule. The higher the oil and gas revenues, the greater the potential volume of currency purchases by the Treasury. The main risk for the ruble is the imbalance of demand and supply of the currency. If exporters reduce sales revenue while maintaining large purchases by the central bank, speculative pressure could increase considerably. In November, the market is waiting for new parameters for the foreign exchange activity of the Ministry of Finance. If volatility increases sharply, regulators may have to adjust the volume of coin purchases, but for now the situation remains relatively stable. The Moscow stock market index is down about 0.3%. There are no new ideas for growth, but investors are still in no rush to take profits after the previous increase. The exporter's shares reacted by falling to the ruble's strengthening this morning. As the Russian currency lost its growth, the quotes of export companies also stabilized. The main gate of the Russian stock market is still related to geopolitics. Investors are counting on a possible compromise regarding Ukraine and a subsequent easing of the sanctions pressure.

The yuan has rebounded from summer lows, and Moscow's stock market is losing 0.3% on currency swings. The dollar on the interbank market rose above 80.5 rubles, and the yuan returned to 12.11 rubles. The yuan briefly fell below 12 rubles - to its lowest level since the summer. After the morning strengthening of the ruble by almost 1%, the situation has reversed, now the Russian currency is losing more than 0.5%. Speculators continue to bet on the weakening of the ruble. In the derivatives market of the Moscow Stock Exchange, significant positions are maintained against the Russian currency, and sharp fluctuations allow participants to make money on exchange rate differences. High oil prices may increase pressure on the ruble through the budget rule. The higher the oil and gas revenues, the greater the potential volume of currency purchases by the Treasury. The main risk for the ruble is the imbalance of demand and supply of the currency. If exporters reduce sales revenue while maintaining large purchases by the central bank, speculative pressure could increase considerably. In November, the market is waiting for new parameters for the foreign exchange activity of the Ministry of Finance. If volatility increases sharply, regulators may have to adjust the volume of coin purchases, but for now the situation remains relatively stable. The Moscow stock market index is down about 0.3%. There are no new ideas for growth, but investors are still in no rush to take profits after the previous increase. The exporter's shares reacted by falling to the ruble's strengthening this morning. As the Russian currency lost its growth, the quotes of export companies also stabilized. The main gate of the Russian stock market is still related to geopolitics. Investors are counting on a possible compromise regarding Ukraine and a subsequent easing of the sanctions pressure.