The dollar exchange rate on the Moscow Exchange exceeded 80 rubles for the first time in a year. The euro exchange rate reached almost 87.5 rubles.
According to the exchange at 09:21 Moscow time, the dollar was sold for 80.1 rubles, and the euro – for 87.44 rubles. The last time the dollar exchange rate exceeded 80 rubles was on April 18, 2022.
The weakening of the ruble is taking place against the backdrop of a recovery in imports and a fall in exports. Anton Kravchenko, head of the shares department of Pervaya Management Company,pointed out in an analysis on April 5 that another factor could be “a possible increase in demand from banks that are restoring their currency position after paying out Russian Eurobonds.”
