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%).

Euro Reaches 88 Rubles First Time from March 30

The euro added 1.56% and climbed to 88 rubles during the trading session on the Moscow Exchange on Friday, according to trading data.

The euro was at such level last time on March 30 of this year.

The euro decelerated later on to the increase by 1.13% and was traded at 87.63 rubles. The dollar rose by 1.6% to 74.34 rubles at the same time.

Brent oil futures prices with settlement in October 2020 dropped by 0492% to $43.04 a barrel on the London-based ICE today. The WTI oil was traded at $39.76 a barrel, down 0.4%.

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