Dollar in early trading on the Moscow stock exchange fell below 70 rubles. Last time it was below this level on March 6, when Russia and OPEC failed to agree on oil deal.

According to 10.02 GMT, the dollar on the Moscow exchange was worth 69.83 ruble 31 penny cheaper than at the close of trading on Friday. The Euro fell to 14 cents and was worth 77.78 ruble. Index Mosberg grew 1.19%, to 2767,51 points, the RTS index — on 2,37%, to 1248,63.

the Last time the dollar was cheaper 70 rubles on March 6. That day Russia and OPEC unable to agree on the extension force at the time of the transaction to reduce oil production, which led to the collapse of the oil market and devaluation of the ruble. In April, the oil producing countries were able to conclude an agreement that came into effect on 1 may. Under this agreement, the OPEC countries+ together will reduce production to 9.7 million barrels per day.

on Friday, 29 may, the price of oil Brent for the first time since the beginning of March rose above $38 a barrel. According to 10:13 GMT June 1, the contract on Brent with delivery in August cost of $37.8 per barrel (-0,11% to the price of the previous close of trading).