The ruble in Russia strengthens the fall, updating the lows for the first time since the end of March 2022.
This follows from data Moscow exchange.
As of July 5, the euro has already risen above 99 rubles – for the first time since March 29, 2022, and the dollar approached 91 rubles
Reminder:
The exchange rate of the ruble began to cause concern in Russia in mid-June of this year, when the trend became noticeable that the euro and the dollar actively strengthen.
But on June 24, the day when the head of Wagner PMC Yevgeny Prigozhin announced a campaign against Moscow, Russian banks further sharply increased exchange rates: in most cases, the value of the dollar exceeded 90 rubles, and the euro – 100 rubles.
Statements about the likely start of a coup in Russia also hit the shares of the largest Russian companies.
Within a few days, the ruble resumed its fall, renewing the lows for more than a year.
Worse situation looked only at the end of February – beginning of March 2022, when the Russian Central Bank suspended trading on all markets of the Moscow Exchange. And the ruble exchange rate collapsed against the dollar and the euro to record highs, reaching 170 rubles and more.
2023-07-05 13:04:32
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