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The dollar exchange rate exceeded 60 rubles for the first time since July 11

Date: August 13, 2022 2:52 pm

The exchange rates of the dollar and the euro during foreign exchange trading on the Moscow Stock Exchange on Tuesday, July 26, exceeded 61 rubles for the first time since July 11.

So, at 18:13 Moscow time, the dollar exchange rate grew by 3.31 percent to 60.03 rubles. The euro rose to 61.04 rubles (plus 3.19 percent).

At 18:24, the dollar exchange rate on the Moscow Stock Exchange grew by 3.73 percent and stood at the level of 60.27 rubles. The euro added 3.48 percent, rising to 61.21 rubles, according to data from the exchange website.

It recently became known that the European Central Bank (ECB) for the first time since 2011 raised the base rate by 50 basis points at a time, to 0.5 percent. It was reported that this decision by the regulator is based on an updated assessment of inflationary risks. Now the rate on deposits is zero percent, on short-term loans from the ECB – 0.75 percent.

On July 21, financial analyst Alexander Razuvaev told Vechernaya Moskva that the euro’s exchange rate would fall below the dollar in the near future. According to him, much depends on US inflation and its rates.



Source: vm.ru

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