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Russian rouble fell to its lowest level over last year: 80 roubles to the dollar

Thursday, 6 April 2023, 10:19

The Russian rouble has fallen against the dollar for the first time since April last year, to 80 roubles against the USD during trading on the Moscow Currency Exchange.

Source: Data from the Moscow Exchange.

At 09:50 (Kyiv time), the dollar exchange rate was 80.2 roubles to the US dollar. 

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The euro is trading at 87.55.

Note:

On 1 March, the Russian rouble fell to its lowest level in 10 months, losing about 20% of its value since the beginning of December. Western sanctions, declining revenues from energy sales and high military spending are putting much pressure on the Russian currency.

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