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 Russian ruble plunged to 7-months low, trading 83 per euro

Euro exchange rate has exceeded 83 rubles in Russia.

As reported by Censor.NET citing Gazeta.Ru, the euro exchange rate exceeded 83 rubles during a trading session on the Moscow stock exchange on Moscow. In particular, at 4:15 p.m. MSK, euro rose by 4.46 rubles to 83.01 rubles. US dollar rose by 1.88 rubles to 70.98 rubles. During next 15 minutes, euro rose by one ruble more.

Read more: Russia to lose $34 billion, should Iran regain its oil share, - World Bank

The dramatic fall of Russian currency has been caused by rapid decrease in the cost of October futures for Brent crude oil.
 
 
 
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