Bridging Foes, Blessing Ties: Riyadh’s role in Indo-Pak peace

Who would have thought when Pakistan first announced its nuclear success that this...

Zelenskyy warns the UN that the AI arms race is already here

UNITED NATIONS: Volodymyr Zelenskyy arrived at the green marble rostrum with the cadence...

Trump’s Tylenol scare in pregnancy falls apart under scrutiny

Global health agencies moved to calm a storm of anxiety among pregnant women...

Google and Qualcomm put Windows on notice with an Android PC plan

MAUI, Hawaii — On a warm evening above the Pacific, Google and Qualcomm...

The euro for the first time since April 2022 exceeded 89 rubles

-Advertisement-

The euro exchange rate during trading on the Moscow Stock Exchange for the first time since April 14, 2022 exceeded the mark of 89 rubles, and the dollar exceeded the mark of 81 rubles. This is demonstrated by trade data.

How informed Interfax, at 6:03 p.m., the exchange rate for the euro on the Moscow Stock Exchange stood at 89.04 rubles, which is 1.75 rubles more than at the close of trading the day before. The US dollar rose 1.38 rubles and traded at 81.22 rubles.

Agency experts note that the ruble has resumed the negative dynamics that formed at the beginning of the week. At the same time, the fall of the ruble occurs against the background of rising oil prices and in the absence of significant news, therefore it may be partly speculative.

The weakening of the ruble can be influenced by the deterioration of the foreign trade balance – a decrease in income from the export of goods and an increase in imports. At the same time, experts explain the increased demand for foreign currency by transactions of foreign companies selling their shares in the company to Russian companies, in particular, the purchase of Shell’s share in the Sakhalin-2 project by Russian Novatek.

On the morning of April 6, the dollar exchange rate for the first time since April 18, 2022 exceeded the indicator by 80 rubles, and the euro was trading at 87.6 rubles.

More

Show your support if you like our work.

Author

Russia Desk
Russia Desk
The Eastern Herald’s Russia Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Comments

-Advertisement-

Editor's Picks

Trending Stories

Bridging Foes, Blessing Ties: Riyadh’s role in Indo-Pak peace

Who would have thought when Pakistan first announced its...

Finland says the UN VETO shields impunity and dares the P5 to give it up

New York — Finland has thrown its diplomatic weight...

NYT Spelling Bee answers Today: All words, pangrams, points (Sep 13, 2025)

Updated: September 14, 2025, 04:30 IST • Today’s live...

NYT Spelling Bee answers today, September 24, 2025

NYT Spelling Bee answers for today — Wednesday, September...

At the UN, Lavrov says NATO and EU declared a ‘real war’ on Russia

United Nations — Russia’s foreign minister chose the most...

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading