Moscow. January 20. Ruble strengthens decline on the Moscow stock exchange the Euro for the first time since 2014 flew above 88 rubles amid falling oil prices.
Shortly after the dollar has updated the historical maximum, the pressure on the ruble strengthened again. Around 14:35 GMT the Euro rose above 88 rubles and reached 88,146 ruble, adding 2,43 rubles, the dollar was reached in this case 80,773 ruble, is at 2.21 per ruble higher closing level of previous trading day.
The dollar renews its historical highs, the Euro is at the highs from December 16, 2014, when the Euro briefly reached $ 100.
Strengthening the fall in the price of oil is the main reason for the weakening of the ruble, according to experts of “Interfax-CEA”. March Brent futures are holding on Wednesday to near $28 per barrel is only slightly above the 12-year low of those quotations made on Monday morning.