Dollar rises in price on Monday against the backdrop of the fall in the stock market

dollar exchange rate increases on Monday against the euro against the backdrop of the fall in world stock markets. Yen rises in price against all 16 most actively traded currencies of the world in anticipation of the official results of parliamentary elections, reported Bloomberg.

Euro at 9:15 on Monday, was worth $ 1.4286, compared with $ 1.4303 at the end of the previous trading day.

cost the Japanese currency on a European at that time amounted to 132.45 yen against 133.85 on the closing market in New York on Friday.

yen to the dollar rose to 9:15 IST on Monday to 92.71 yen from 93.60 on Friday.

Two of the three U.S. stock indices declined slightly compared to the results of bidding on Friday. At the Asian stock markets on Monday also declined, the combined index MSCI Asia Pacific fell by 0,5% with the opening of tenders.

Nevertheless, analysts expect a weakening of the dollar this week against the backdrop of positive economic statistics, which must confirm that the recovery of the world economy after the recession is stable.

Our economists expect a significant amount of economic statistic data, which will continue to testify in favor of restoration, - noted in the report prepared by Barclays Capital analysts led by David Wu.

positive trends, however, will be sufficient to increase the cost of borrowing in the eurozone and the European Central Bank on September 3 will keep the key interest rate at a record low level of 1%.

opposition Democratic Party of Japan (DPJ) won a landslide victory in parliamentary elections in the country and won 308 seats in the 480-seat parliament.

This will allow the party leader Yukio Hatoyama claim the seat of Prime Minister. In addition, thanks to the results of DPJ can independently form a government.