Russian Ruble Reaches a Two Year High Vs. Euro - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title Russian Ruble Reaches a Two Year High Vs. Euro, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : Russian Ruble Reaches a Two Year High Vs. Euro
link : Russian Ruble Reaches a Two Year High Vs. Euro

Russian Ruble Reaches a Two Year High Vs. Euro

A view shows Russian rouble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo  

Reuters: Russian rouble hits more than 2-year high vs euro before steadying near 77 

(Reuters) - The Russian rouble clipped a more than two-year high against the euro in early trade on Tuesday before stabilising near Monday's close, in a week where tax payments are supporting the currency and as investors look ahead to an expected rate cut on Friday. 

At 0817 GMT, the rouble had gained 0.3% to trade at 76.90 versus the euro, after earlier hitting 75.95, its strongest mark since early March 2020. It was 0.1% stronger against the dollar at 73.04. 

Trading activity remains subdued and somewhat erratic compared with levels seen before Feb. 24, when Moscow sent tens of thousands of troops into Ukraine. 

Movements in the rouble are artificially limited by capital controls imposed by the central bank, and the economy faces soaring inflation, capital flight and the risk of a possible debt default after the West imposed tough sanctions.  

Read more ....  

WNU Editor: So much for President Biden's claim that he turned the Russian ruble to "rubble" .... Biden mocked the ruble as "rubble." But the Russian currency has rebounded (CBS).

Thus Article Russian Ruble Reaches a Two Year High Vs. Euro

That's an article Russian Ruble Reaches a Two Year High Vs. Euro This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Russian Ruble Reaches a Two Year High Vs. Euro with the link address https://todaysand.blogspot.com/2022/04/russian-ruble-reaches-two-year-high-vs.html

Tweet

Subscribe to receive free email updates: