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Russian ruble hits highest level since March 2020
[ENGLISH.ALARABIYA.NET] The Russian ruble briefly reached its highest level against the dollar since March 2020 on Thursday, supported by capital controls, while stock indexes also climbed as the market watched developments around possible new sanctions against Moscow.The volatile currency hit a high of 65.31 per dollar in early trading on the Moscow Exchange but by 1339 GMT was at 66.14, which was 0.2 percent stronger than its Wednesday closing level. The morning peak level had not been seen since the onset of COVID-19 pandemic. Posted by: Fred 2022-05-06 |
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