The ruble collapsed under the pressure of sanctions

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Photo: Ramil Sitdikov / RIA Novosti

The ruble fell sharply against the dollar and the Euro on Wednesday evening against the background of U.S. sanctions and continued to fall Thursday morning, according to data from the Moscow exchange.

As of 13:00 Moscow time the dollar exchange rate was 66.8 ruble, the European currency 75.3 per ruble. Before the media began to appear reports of new sanctions against Russia, the dollar was trading at 65,79 ruble and Euro — ruble mark 74,24. Thus, the decline amounted to little more than ruble.

Earlier, a group of US senators introduced a bill outlining additional sanctions against Russia in response to “Russian interference in the functioning of democratic institutions abroad.” According to the authors of the initiative, a new package of sanctions is the toughest of all that was previously entered.

First Deputy Prime Minister Anton Siluanov has commented on the document. According to him, Russia ready for new sanctions, but primarily they are hit by the aliens.

Foreign Ministry spokesman, Maria Zakharova, in turn, said that Moscow does not perceive the impending U.S. sanctions seriously.

Video, photo All from Russia.

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