EURO IS APPROACHING A MARK OF 94 RUBLES

The ruble began to rapidly fall again on November 2 - the dollar broke through the mark of 80 rubles, the euro is approaching 94 rubles. The exchange rate of the foreign currencies skyrocketed from the very beginning of the opening of the Moscow Exchange.

According to the latest data, the dollar and euro continue to grow. At the moment, the American currency is being traded at 80.54 rubles, the euro - 93.7 rubles. The increase in value in both cases amounted to almost 1%.

Along with the rate, the Russian stock market keeps declining.

The Moscow Stock Exchange Index dropped by 0.77%, the RTS Index – by 1.87%. It is worth noting that the dollar rate has already broken through the 80 rubles mark on March 30, 2020. But the euro reached such a mark ​​for the first time since December 2014.

Analysts suggest that the currency situation is directly related to the deterioration of the sanitary and epidemiological situation in Russia.