Dollar exchange rate during trading on the Moscow Exchange (MOEX: MOEX) fell below 88 rubles, the euro exchange rate fell below 96 rubles. The American and European currencies reached such levels for the first time since June 30, according to data from the trading platform.
As of 7:50, the dollar slowed down its decline and was at the level of 88.06 rubles. (-0.38%). The euro fell by 0.20% to RUB 96.51. The yuan rose 0.06% to RUB 12.32.
Current dollar and euro rates, as well as quotes for the main indices and shares on the Moscow Exchange are available on a special page.
At the beginning of the week, the exchange rate of the dollar updated its five-month minimum, falling below 89 rubles. The renewal of the minimum dollar exchange rate was facilitated by the preparation of exporters for the tax period and the increased risks of fines in case of refusal to sell foreign currency earnings. According to analysts, by the end of the month the dollar exchange rate may drop to 83–85 rubles/$.
Read more in the Kommersant article. “The dollar exchange rate was fined”.