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The ruble hit a two-year high against the dollar and euro-Novinite.com

The Russia Ruble According to Reuters, it hit a two-year high today against the dollar and euro. This is largely due to the announcement of strict domestic capital controls and the next package of EU sanctions.

In the morning transaction Ruble It rose 0.7% against the dollar to 68.62 rubles, the strongest position since June 2020.

Against the euro Ruble It rose 1.2% to 73.84 rubles, temporarily reaching 72 rubles per dollar. This is the strongest position since February 2020.

Movement Russia The forex market is under strict capital control, stocks are traded to a limited extent and short-term sales are prohibited.Foreign players are prohibited from trading stocks Russia Companies without explicit permission.

But market participants are now Ruble Given that the exchange rate was stable in early March, the exchange rate is stable. Ruble According to Reuters, it hit a record low after the first sanctions imposed by Western nations.

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https://www.novinite.com/articles/214973/The+Ruble+reached+a+two-year+High+against+the+Dollar+and+the+Euro The ruble hit a two-year high against the dollar and euro-Novinite.com

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