The new US sanctions, again, to collapse the ruble

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Photo: Ilya Pitalev / RIA Novosti

The dollar and the Euro on Wednesday evening, August 8, strengthened the growth against the ruble due to the announcement by the US state Department on the introduction of new anti-Russian sanctions. It is reported by RIA Novosti.

According to 23:59 Moscow time the dollar rose in price by 2.05 ruble to of 65.55 ruble, the Euro grew by 2.47 ruble to 76,12 of the ruble.

The evening of 8 August, the state Department spokesman Heather Nauert reported the introduction of new sanctions against Russia, accusing Moscow of “using biological or chemical weapons in violation of international law or against its own citizens”. The first block, which begins on August 22, assumes a complete ban on exports to Russia of electronic devices and components of dual use. The second set of sanctions introduced with a delay of three months and involves lowering the level of diplomatic relations, withdrawal of permission for Aeroflot to make flights to the USA, and also the almost complete cessation of trade between the countries.

In the afternoon of 8 August, the ruble has fallen in the course of trading on the Moscow exchange, showing the lowest rate since November of 2016. As of 15:08 GMT, the Euro was equal to 74.9 ruble, the dollar — ruble 64.6. Fluctuations of the Russian currency occurred on the background of the news on the preparations in the Senate of the bill prohibiting the purchase of U.S. Russian sovereign debt to the Russian banks in dollars.

Video, photo All from Russia.

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