The exchange rate of the US dollar rose above 78 rubles, the euro – above 85 rubles. The quotes of the two most popular currencies have updated their highest levels since April 2022. The Russian ruble is depreciating against the background of rising oil prices.
The exchange rates of the US dollar and the euro on the stock exchange against the Russian ruble rose to a maximum since April 2022, according to trade data.
The US dollar rose above 75 rubles and, according to current data at the time of publication, it costs 78.39 rubles. The euro exchange rate exceeded 85 rubles, and according to data at 16:30 Moscow time, it is 85.3 rubles.
The exchange rates set by the Central Bank of the Russian Federation on April 3 are 77.32 rubles to the US dollar, 84.11 rubles to the euro.
The Russian ruble depreciates amid rising oil prices due to the decision of the Organization of the Petroleum Exporting Countries (OPEC+) to cut its production. Russia also announced the extension of a voluntary cut in oil production by 500,000 barrels per day.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.