Today at half past three, the dollar on the Moscow Exchange briefly exceeded 90 rubles, while the euro was trading at a price of more than 98 rubles for a longer period of time. This is evidenced by the charts on the website of the Moscow Exchange.
Chief Economist for Russia and the CIS of the Renaissance Capital Investment Company Sofya Donets suggested in a conversation with Forbes that the weakening of the ruble may be due to the outflow of capital — this, including may have been affected by news related to the restriction of crude oil exports.
Screenshot of the Moscow Exchange website. Dollar value chart
Screenshot of the Moscow Exchange website. Graph of changes in the value of the euro
On June 26, the dollar exchange rate at the opening of trading on the Moscow Exchange rose to 87.2 rubles, which was the highest rate since March 29 last year. The euro on that day was trading at the maximum price since April 25, 2023 of 95.2 rubles. The fall in the value of the ruble occurred against the background of the rebellion of Yevgeny Prigozhin.
After the rebellion. Consequences