[Archyde.com on the 6th]–The Russian ruble on the 6th was the highest price in regarding two years once morest the euro. Against the dollar, it is heading towards 1 dollar = 66 rubles. The background is capital restrictions and sluggish foreign currency demand.
As of 0719 GMT (4:19 pm Japan time), the ruble is 69.57 rubles, up 0.8% once morest the euro. It rose to 69.125 rubles, the highest since February 2020.
It was up 1.1% once morest the dollar at 66.24 rubles. It is approaching the highest price of 65.3125 rubles in regarding two years, which was recorded the day before.
The ruble has benefited from a compulsory sale of foreign currency by exporters in recent weeks. Foreign currency demand is also sluggish due to shrinking imports and restrictions on cross-border transactions.
Russian stocks are mixed.
