The rise in oil prices stimulates the ruble.
No matter how much skeptics claim cheap oil, their expectations were not met; Brent oil began to rise in price and reached $46 per barrel, while Light is selling at $45.The reason for the rise in price was statements about the intentions of OPEC members to develop a plan to reduce oil production.
This information came from one of the employees of the Egyptian Ministry of Oil Production.
According to him, this issue will be the key one at the December summit; low prices do not suit the majority of OPEC participants.
The second reason that influenced the increase in oil prices was the terrorist attacks in Nigeria, due to which key oil pumping routes were damaged.
The national currency strengthened by 2.1 percent, its rate was 66.58 against the US dollar and 69.30 against the European currency.
In addition, there is a steady increase in the price of shares of companies for which dividend payment dates are approaching; this situation is associated with an increase in applications for the purchase of such securities.