The ruble continued to fall

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Photo: Alex Maligawa / RIA Novosti

The ruble after the opening of trading on the Moscow stock exchange on August 10 fell below 67 rubles per dollar, follows from the data on the website of the exchange. The dollar was the highest in two years.

At this price the dollar last traded in August 2016. By 10:45 Moscow time the exchange rate of foreign currency fell slightly — to 66,85 of the ruble. On the contrary the Euro is losing value for one Euro give 76,58 of the ruble.

Before the opening of trading analysts predicted that on Friday, the ruble may begin to restore the position after a two-day collapse due to the fact that the first emotional reaction of investors was, writes “Rossiyskaya Gazeta”.

According to the Minister of Finance and first Deputy Prime Minister Anton Siluanov, the current volatility in the markets associated with the next wave of “sanctions rhetoric of the US”, as well as the unstable situation in emerging markets.

Washington will impose a new package of restrictive measures against Russia due to the use of prohibited weapons. 8 August became known the details of the restrictions that can be introduced in two stages: on 22 August and November. Against the background of the U.S. falling ruble and stocks of major Russian companies.

Video, photo All from Russia.



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