Economy02.03.2021 - 16:48

Euro drops below 89 rubles for the first time since mid-February

The Russian currency's rise in trading is linked to a report on possible US sanctions against Russians.

The ruble increased in value during trading on Tuesday. The rapid rise financial quotes may be associated with the Bloomberg report which refers to the information about the possible introduction of sanctions by the US against ten Russian officials, writes RIA News.

The dollar exchange rate is 73.85 rubles (-32 kopecks) as of 14:32 Moscow time, while the euro is 88.8 rubles (-52 kopecks).

The euro last cost less than 89 rubles on February 18.

 

Photo: from open sources

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