Growth of the Russian Ruble Persists

The Russian currency continues to rise against the major currencies traded on the Moscow Exchange today, Tuesday, against the background of a wave of growth that began last Friday.

By 16:28 Moscow time, the dollar exchange rate fell by 45 kopecks (rule = 100 kopecks) to 79.80 rubles.

The euro fell by 1.18 rubles to 87.50 rubles, and the Chinese yuan fell 11 kopecks to 11.48 rubles, according to the Moscow Exchange.

On Friday, the dollar fell by 1.08 rubles, the yuan – by 12 kopecks, the euro – by 1.05 rubles.

The decrease came after the Central Bank of Russia decided to keep the main interest rate at the current level of 7.5% for the fifth time in a row.

Source: News

Related Stories

Leave a Reply