Sanctions against the Russian Federation: the ruble collapsed to the lowest level in a year

06 April 2023, 12:37 | Economy
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Today, the Russian ruble for the first time since April last year during trading on the Moscow Exchange fell against the dollar to a level above 80 rubles.. This is evidenced by the data of the Moscow Exchange.

As of 10:00 Kyiv time, the dollar exchange rate was 80.2 rubles per dollar. Euro traded at 87.55.



The last time the dollar exchange rate rose more than 80 rubles on April 18, 2022.

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The fall of the ruble occurs despite the rise in oil prices: this week, world prices for "

According to analysts, a negative imprint on the ruble exchange rate is imposed by long-term fundamental factors:.

growing budget deficit,.

reduction in the inflow of export earnings due to the oil embargo,.

increased demand for the currency needed for imports.




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