The American currency has risen sharply

08.07.2021

During trading on the stock exchange, the dollar rate soared above 75 rubles for the first time in two months, according to trade data.

As of 10:05, the dollar is trading at 75.1 rubles, the euro – 88.6 rubles. Such dynamics is observed against the background of a decline in oil prices in recent days. Additionally, the increase in the volume of purchases of foreign currency by the Ministry of Finance can have had an influence. Since July 7, the department has been purchasing it daily not for 10.5 billion rubles, but for 13.5 billion.

Major Russian indices are also falling. The Moscow Exchange index lost half a percent this morning, while the RTS index lost more than one percent.