The dollar on the Moscow stock exchange has exceeded 78 rubles

MOSCOW, February 16. Dollar rate to ruble during trading on the Moscow exchange on Tuesday rose by 1.12 to RUB 78,07 rubles, Euro – by a factor of 1.18 rubles to RUB 86,98

Earlier Tuesday, the dollar fell to 97 cents to 75,98 rubles, while the Euro was down 94 cents to RUB 84,86

The ruble began to decline after oil after reports that Russia, Saudi Arabia, Qatar and Venezuela following talks in Doha said that they are ready to save, on average, in 2016 oil production at the level of January 2016, if other countries-oil producers will join this initiative.