The ruble went into a nosedive

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Photo: Maxim Bogodvid / RIA Novosti

The dollar on the Moscow stock exchange exceeded 68 rubles for the first time in 2016. This is evidenced by trading on the Moscow exchange.

11:55 GMT the dollar against the ruble declined slightly from a peak in the morning and made 67,84 of the ruble. The Euro is worth 77,3 rubles, rebounding from a morning high of 78,04 of the ruble.

The key pressures remain US sanctions that may be imposed in the near future. New restrictions Washington suggest the introduction of a ban on conducting dollar transactions for state banks, a ban on investment in Russian debt, as well as restrictions on exports of electronics and technologies for oil and gas industry.

An additional factor in the fall in Russia is the situation with the Turkish Lira, which is a couple days plunged more than 20 percent due to the introduction of restrictive measures by the United States. The collapse of the Turkish currency has provoked an outflow of capital from emerging markets, which include Russian. With the fall of the national currency also faced South Africa, Mexico and Brazil.

On Friday, August 10, the analysts of Raiffeisenbank, presented his vision of the situation on the currency market. According to them, the ruble finally finds your “fair rate”.

Video, photo All from Russia.



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