The ruble departs at the peak after the Turkish lira

13 August 2018, 21:44 | Economy
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Under the pressure of sanctions risks, as well as the negative impact of the sharp weakening of the Turkish lira, which also affects the currencies of emerging markets, at the beginning of trading on August 13, the ruble continued its decline to the euro and the dollar.

For the first time since April 2016, the American currency was trading above the level of 68 rubles, the euro rate at the beginning of trading on August 13 for the first time since April this year exceeded 78 rubles.

Expert Andrei Kochetkov of Broker's Opening suggested that "the Russian ruble can also continue its weakening after the Turkish lira," the Russian media writes.



"In any case, the situation in Turkey has an impact on all risky assets," added Kochetkov. According to the expert's forecasts, at the beginning of this week the ruble may continue to weaken to the level of 70 rubles per dollar.

Judging by the data of the Moscow Stock Exchange, as of 10:37 on Monday, the US dollar rate grew by 56 kopecks (up to 68.27 rubles) by tomorrow's settlements, and the euro rate by 35 kopecks (to 77.6 rubles), according to the data of the Moscow exchanges.




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