The Russian ruble has updated two-year lows

Российский рубль обновил двухлетние минимумы

On Thursday morning the dollar in Russia turned out to 2,715 rubles higher than the current official exchange rate of Euro to ruble 2.95 higher than the official rate.

The dollar in early trading on the Moscow stock exchange on Thursday, August 9, exceeded 66 percent for November 2016, Euro – 77 rubles for the first time since mid-April. The ruble is falling amid the increased risk of sanctions, Interfax reported.

So, the first transactions on dollar were in the range 66,15-66,48 RUB, in the first minutes of trading the course is made up 66,2575 rubles (+71 kopecks to the previous closing), that is, the dollar reached the highest levels since mid-November 2016.

The Euro rose to a 76,77 rubles (+64.5 cents), at the peak of growth, the European currency reached the level of RUB 77,1175 that was the highest since April 16.

The cost of the currency basket ($0.55 and EUR0,45) rose 68 cents to Wednesday’s closing level, to 70,99 of the ruble.

The dollar has been on 2,715 rubles higher than the current official exchange rate of Euro to ruble 2.95 higher than the official rate.

Indexes of RTS and Mobimii also fell at the opening of trading in the range of 1-4%.

According to experts, the ruble is falling markedly against the dollar and the Euro at the start of trading on the background of new anti-sanctions from the United States.

We will remind, on 8 August, the US state Department took decision about introduction of new sanctions against Russia because of the case Skripal on August 22. The sanctions relate to the prohibition on the export to Russia of goods that may be linked to national security. In particular, we are talking about electronic devices and their components, including those used in the aviation industry.

Ka is known, in March, former Russian spy Sergei Skripal and his daughter Julia was found unconscious on a bench at a shopping center in the British Salisbury. Recently, they came out of the coma and began to recover.

Britain has accused Russia of involvement in the poisoning Skrobala nerve substance Beginner. Moscow denies the charges.

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