The euro exchange rate on the Moscow Exchange fell below 98 rubles – Kommersant

The euro exchange rate on the Moscow Exchange fell below 98 rubles – Kommersant

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Euro exchange rate during trading on the Moscow Exchange (MOEX: MOEX) fell below 98 rubles. for the first time since February 15th. As of 11:42, the European currency was trading at 97.95 rubles/€ (-0.70%). By 11:50 the euro exchange rate returned to 98.04 rubles. (-0.61%).

As of 11:43, the dollar exchange rate decreased by 0.41%, to 90.15 rubles/$. The yuan fell by 0.64% to RUB 12.47. per yuan. Below 12.5 rubles. The yuan fell for the first time since February 5.

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.

On February 28, the exchange volume of yuan trading for delivery “tomorrow” reached its highest level since the beginning of 2024—RUB 232 billion. This result became the second in the entire history of exchange trading in Chinese currency. The trading volume was higher only on July 7, 2023 – 239.6 billion rubles. The dollar trading volume increased by 27% during the day, to 110.6 billion rubles, showing the third result since the beginning of the year. Euro trading volume increased by more than 42%, to RUB 65.3 billion—the maximum since December 22, 2023.

Read more in the Kommersant article. “A bright tomorrow has arrived for the yuan”.

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