The Russian ruble continued to rise and continued to rise, approaching the highest level since March 2018, after Russia eased restrictions on the movement of capital.
The Russian currency rose 2% against the US dollar, reaching 56.7 rubles / dollar, which is the lowest since March 2018.
The ruble rose 1.27% against the EU currency to 61.97 rubles after it jumped to 58.75 on Monday, its highest level since May 2015.
The Russian ruble rose against the dollar in May this year. within 20%, having risen from the level of 70.96 rubles / dollar. to current levels in today’s trading.
Since the beginning of the year, the ruble has been the best emerging market currency against the dollar as it is up more than 24 percent from $74.6539.
While the ruble has risen more than 33% against the dollar since the start of the war in Ukraine, compared to 84.0475 rubles per dollar, after it fell to its lowest level on March 7, approaching 160 rubles per dollar. dollar.
Source: El Iktisad
