Euro Exchange Rate Exceeds 90 Rubles For First Time Since 8 September

Euro Exchange Rate Exceeds 90 Rubles For First Time Since 8 September

The Russian ruble weakened against the euro on Monday, trading at more than 90 per euro for the first time since 8 September, according to the Moscow Exchange. At the same time, the US dollar surpassed 76 rubles – for the first time since 9 September.

While the Russian currency is slightly weakening, oil prices have also declined: November futures on Brent oil lost 2 percent, reaching $42,28 per barrel, while the WTI dropped to $40,43 per barrel.


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Sputnik / Vladimir Trefilov

Sputnik News

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