The Russian ruble began to strengthen after Biden’s announcement of new sanctions against Russia

The United States will impose sanctions against the sovereign debt of the Russian Federation and Russian financial institutions.

The dollar against the ruble fell compared to today's daily highs / REUTERS illustrationThe dollar against the ruble fell compared to today’s daily highs / REUTERS illustration

After a new address by US President Joseph Biden on the situation around Ukraine and the Russian Federation, the exchange rate of the Russian ruble, as well as Russian shares, began to strengthen.

This is evidenced by the data of the Moscow Exchange at 21:55 Kyiv time.

Thus, the dollar exchange rate against the ruble fell compared to daily highs and stopped at around 78.45 rubles, although even today the rate of the American currency rose to 80.5 rubles.

(C)UNIAN 2022


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