Advertisement

The Russian rouble rises to a near seven-year high against the euro

  • Web Desk
  • Share

Russia adds 551.4 billion roubles to emergency reserve fund credits google

Advertisement

The Russian rouble has strengthened by more than 6% against the euro, reaching a near seven-year high, helped by capital controls, high oil prices, and a month-end tax period approaching.

By 13:38 GMT, the rouble had risen 6.3 percent against the euro to 58.75, its highest level since early June 2015.

It was also 4.6 percent higher against the US dollar, trading at 57.47, not far from 57.0750, its highest level since late March 2018.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Israel prepares to implement 'First Stage' of Trump’s Gaza peace plan
UN Secretary-General and world leaders welcomes Hamas statement on Trump peace plan
TikTok influencer Jennifer Nicole Rivera passes away
Hamas agrees of Trump’s Gaza ceasefire plan, seeks further talks
Trump Warns Hamas: Accept Gaza peace deal by Oct. 5 or face severe consequences
Israel seizes “Gaza Sumud Flotilla Aid”, 450 activists detained
Next Article
Exit mobile version