Russian ruble weakens sharply

Russian ruble weakens sharply

The dollar exceeded 67 rubles on the Moscow Exchange for the first time since May 12.

By 10:46 Moscow time, the dollar slowed down growth to 66.77 rubles (+2.31%). The euro exchange rate increased by 4.28% to 70.9 rubles.

As of 11:12 Moscow time, the dollar exchange rate rose to 67.22 rubles (+3%). The euro exchange rate was at the level of 71.29 rubles (+4.83%).

The price of August futures for Brent oil on London’s ICE increased by 0.12% to $114.31 per barrel. WTI oil rose in price by 0.04% to $114.14 per barrel.

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