Ruble hits over 2-year high vs. euro, dollar
The ruble hits new numbers not seen since 2020, despite all the draconian sanctions imposed on Russia.
The exchange rate of the dollar and the euro fell against the ruble, today, Wednesday, and the currency was trading below 69 rubles for the first time since June 2020, while the euro was trading below 73 rubles.
In the beginning, the dollar exchange rate fell to 68.63 rubles, for the first time since June 2020, while the euro exchange rate fell to 72 rubles.
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In terms of stock trading, the Moscow Stock Exchange denominated in rubles (MICEX) index declined by 0.02% to 2444.67 points, while the stock exchange index denominated in dollars (RTS) rose 0.87% to 1091 points.
Last month, the Russian ruble rose against the US dollar and the euro, where the US currency fell under 75 rubles for the first time since mid-February, TASS reported.
The dollar exchange rate at the beginning of trading fell below the level of 75 rubles, while the euro exchange rate fell below the level of 81 rubles for the first time since October 27, 2021, the Russian agency added.
In the stock index, the Mixis index of ruble-denominated shares rose at the beginning of trading by 1.41% to 2684.14 points, and the RTS index of dollar-denominated shares rose by 4.79% to 1084.38 points, according to the data of the Moscow Stock Exchange.