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BREAKING
President al-Mashat: Our armed forces, represented by our air defenses, will soon turn the Zionist enemy’s aircraft into a subject of ridicule.
President al-Mashat: Good news about the Zionist enemy’s aircraft used in aggression against our country will reach you soon, God willing.
President al-Mashat: Our armed forces will be able to deal with hostile Zionist aircraft without causing any harm to air or maritime navigation.
President al-Mashat: To ensure the safety of airliners, they must avoid navigating along the routes used by the Zionist entity to carry out aggression against our country.
Yemeni President Mahdi al-Mashat: For the safety of air and maritime navigation in areas where our armed forces operate, we have directed that the routes used by the Zionist enemy to attack our country be designated as dangerous.
Hamas official says despite this, Hamas leadership is currently undertaking a thorough review of the new proposal
Hamas official says the response fails to meet any of the just and legitimate demands of our people
Hamas official says it is clear that the Israeli response fundamentally seeks to entrench the occupation
Reuters citing Hamas official: Group received Israeli response to Witkoff proposal
Sources to Al Mayadeen: The news regarding a press conference tonight by the head of the Hamas movement in the Gaza Strip, Khalil Al-Hayya, is false.

Ruble rises against USD to ₽75 for first in 8 weeks

  • By Al Mayadeen Net
  • Source: Agencies
  • 8 Apr 2022 00:36
  • 1 Shares
2 Min Read

The Russian ruble rises in the face of the euro and the USD in the morning trading in the morning trading as Moscow's stock prices significantly rise.

  • x
  • The Russian ruble is rapidly appreciating against the USD
    The Russian ruble is rapidly appreciating against the USD

The Russian ruble rose Thursday 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.

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The Russian ruble had fallen to unprecedented levels following US sanctions on Russia, though it gained ground after President Vladimir Putin had announced that his country would only accept payments in rubles for gas deliveries to "unfriendly countries" in a nod to all EU members in light of the harsh round of sanctions they imposed on Moscow.

The appreciation of the ruble against the USD and the euro is mainly due to Putin's decision, as following his announcement, Russia's ruble rose in the face of the USD and the euro, marking a major hike since the currency took a dive against the western currencies due to the sanctions imposed on the country.

The sanctions the EU is imposing on Russia are over its special military operation in Ukraine, launched due to NATO's eastward expansion, the Ukrainian shelling of Donbass, and the killing of the people of the Donetsk People's Republic and Lugansk People's Republic, in addition to Moscow wanting to "denazify" and demilitarize Ukraine.

In response, the US and its allies have rolled out comprehensive sanctions, including restrictions on the Russian central bank, export control measures, SWIFT cutoff for select banks, and closure of airspace to all Russian flights. Many of their companies have suspended their Russian operations.

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Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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