GENERICO.ruРоссияDollar and Euro Rise Against Ruble Amid Protests in Kazakhstan

Dollar and Euro Rise Against Ruble Amid Protests in Kazakhstan

The dollar rate exceeded 76 rubles, and the euro — 86 rubles — as of 20:55 Moscow time. Such data are published on the website of the Moscow Exchange.

The last time the American currency was traded for the same price was in April last year. The euro reached 86 rubles in September 2021.

UPDATED 00:01

Against the background of events in Kazakhstan, the bitcoin rate began to fall — to $ 44,263 (-4.3%). In August last year, Kazakhstan ranked second in cryptocurrency mining. Total bitcoin mining in the world against the background of protests decreased by 12%.

According to experts from Interfax-CEA, the exchange rate rose due to protests in Kazakhstan and the worsening situation in world capital markets. The influence of the situation in Kazakhstan on the weakening of the ruble was also noted by the managing director of the investment company Renaissance Capital, with whom RBC spoke.

“First, these are related markets. Plus we are in a single customs space, probably, this is the second country close to Russia after Belarus, ”he said.

Mass unrest in Kazakhstan also affected the rate of the country's national currency. In addition, due to the protests, quotations of government bonds and shares of local companies fell. For example, the main stock exchange index of Kazakhstan KASE fell by 2.95% at 13:49 Moscow time. At the moment, it is impossible to get newer data, since the Internet is almost completely disconnected in the country.

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