The ruble has updated lows against the Euro and the dollar amid US sanctions

MOSCOW, April 9. /TASS/. The Euro against the ruble at the auction of the Moscow exchange grew by 3.71% and reached the level 74,03. the European currency. This is evidenced by the auction.

The last time the Euro at the level of 74 RUB was on August 4, 2016.

The dollar also showed a significant strengthening of the ruble on the Moscow stock exchange. So, as of 15:15 Moscow time the American currency rose by 3.54% to level of closing of the previous auction, to 60.24 per dollar RUB.

The weakening of the ruble and the Russian market as a whole is on the background of the introduction on 6 April of the sanctions by the US authorities against a number of Russian officials, businessmen and companies. Among them was the head of “Gazprom” Alexey Miller, the head of VTB

Andrey Kostin, the owner of “Renova” Viktor Vekselberg, the General Director “Surgutneftegaz” Vladimir Bogdanov, Board member of “SIBUR” Kirill Shamalov, businessmen Igor Rotenberg and Oleg Deripaska, Suleiman Kerimov.