The dollar exchange rate on the Moscow Exchange exceeded 78 rubles, and the euro — 88 rubles — as of 12:30 Moscow time. This is evidenced by the data of the stock exchange.
UPDATED
14:20 The dollar exchange rate rose above 79 rubles. For the US currency, this is the maximum since November 2020.
The last time the US currency traded for the same value was April 7 last year. The euro reached 88 rubles on January 14 this year.
Photo: Semyon Likhodeev/RIA Novosti
The Mosbrzhi index also fell by 4.7%. Shares of large Russian companies are also losing value: the value of Sberbank securities fell by 4.8%, Gazprom — by 5.6%.
The main reason for what is happening may be geopolitical changes. This morning it became known that the US State Department ordered the evacuation of the families of American diplomats from Ukraine because of the «threat of military action from Russia.» Moreover, NATO has announced an increase in its presence in Eastern Europe.
According to Rosbank analysts, with whom RBC spoke, the Russian market will continue to react to geopolitical tensions. Experts believe that in such conditions, the dollar exchange rate can fluctuate in the range of 76.5-78 rubles, the euro — 87-89 rubles.