During trading, the ruble collapsed against the dollar and euro to a minimum in recent months, according to trade data.

As of 10:38 am, the dollar is trading at 76.33 rubles and the euro at 92.2 rubles. For the last time the dollar went beyond the level of 76 rubles on December 1. The main Russian stock indices, the Moscow Exchange and the RTS, fell 0.85 and 1.77 percent.

The reason for the decline in analysts is the possible imposition of sanctions against Russia by the administration of the new US President Biden.