Following the example of dollar, euro has dropped during the trading session at MICEX on September 03. According to the Unified Tariff System, the average rate of European currency against Russian ruble has dropped by 5 kopecs, having amounted to 40.6749 rubles. In comparison to the final rate on Friday, EUR/RUB has remained almost unchanged.
The official EUR/RUB, set by the Central Bank of Russia on September 01, 2012, amounts to 40.7249 rubles. In comparison to the previous rate, it has risen by 19.99 kopecs.
Experts of concerning EUR/RUB dynamics: the currency pair is finishing the formation of wave (5) of mid-term uptrend. These may be proved in the nearest future. On the other hand, fifth wave may prove to be extended if EUR/RUB starts forming its fifth wave up.
