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Economics & Business News

The ruble has risen sharply after a record fall

The exchange rate of the ruble rose sharply against the backdrop of statements by the Russian Foreign Ministry about the inadmissibility of a war with Ukraine. This is evidenced by the data of the Moscow Exchange.

According to the exchange, on January 27, the value of the dollar fell to 77.93 rubles, the value of the euro - to 86.96 rubles.

Earlier, Alexei Zaitsev, Deputy Director of the Information and Press Department of the Russian Foreign Ministry, assured that Moscow was not going to attack Ukraine.

On January 26, the dollar exchange rate during currency trading on the Moscow Exchange rose by 1.79% by the close of the previous session and reached 80.04 rubles, follows from the data of the site at 19:24 Moscow time. As of 19:13 Moscow time, the dollar rose to 80.03 rubles. The growth was 1.78%. The last time the dollar exchange rate rose above 80 rubles was in November 2020.

The euro exchange rate during the auction exceeded 90 rubles, which was also the highest since July 2021.

The ruble has risen sharply after a record fall