Euro rises above 90 rubles first time since February 2016

The euro rose by 0.98%, reaching 90.1 rubles on the Moscow Exchange on Monday.

The last time the euro was above 90 rubles in February 2016.

As of 13:15 Moscow time, the euro rate was at around 89.97 rubles (+0.83%), and the dollar rate grew by 0.92% to 76.13 rubles.

At the same time, the price of November futures contract for Brent crude oil on London’s ICE decreased by 1.78% to $41.9 per barrel. WTI crude was trading at $39.39 per barrel (-1.89%).