The euro exchange rate, following the results of trading on the Moscow Exchange on Wednesday, May 4, could not overcome the mark of 70 rubles. for the first time since February 21, 2020.
As of 18:56 on May 4, the euro cost 69.9 rubles, the US dollar – 66.6 rubles. The value of the dual-currency basket ($0.55 and EUR0.45) fell by 4.58 rubles to 68.09 rubles.
Earlier in the day, data from the Moscow Exchange indicated that the dollar had fallen below 68 rubles.
Investment strategist at Alor Broker Pavel Verevkin said that the ruble is likely to continue its upward trend in the first half of May and this process is regulated by capital controls. He explained that the strengthening of the ruble is associated with structural changes in the balance of supply and demand.
The news is being supplemented
