UPDATE: Russian ruble falls after correction attempts at opening - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: Russian ruble falls after correction attempts at opening

(Adds new ruble quotations in paragraph 2, two last paragraphs)

MOSCOW, Apr 10 (PRIME) -- The Russian ruble has returned to a decline hitting new lows after attempts to bounce back at opening, as seen by PRIME on Tuesday.

The ruble fell 2.27 rubles against the U.S. dollar to 62.93 and decreased 2.6 rubles against the euro to 77.3 as of 10:54 a.m. Moscow time, according to data of the Moscow Exchange.

Experts say that the bear sentiment may be linked with pending sell orders set on Monday following the market meltdown. The U.S. dollar and the euro are trading in wide ranges specific to crack-downs on stock markets.

Most blue chips grew on the Moscow Exchange as of 11:15 a.m. Moscow time. Lukoil added 4.45%, Tatneft rose 3.22% and Severstal soared 3.19%. Sberbank is the main loser, the stock lost another 5.17% at the time.

Sberbank’s global depositary receipts (GDRs) also dropped by over 10% on the London Stock Exchange.


10.04.2018 11:38
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Central Bank Official Rate
1W 1M 1Y
EUR 70.7941 +0.1873 20 jul
USD 62.8666 +0.0380 20 jul
Stock Market Indices
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rtsi 1352.93 +0.23 17:59 19 jul
micex 2705.19 +0.10 17:59 19 jul
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gazp 217.45 -0.39 17:42 19 jul
lkoh 5209.00 +0.83 17:42 19 jul
rosn 419.95 +0.71 17:42 19 jul
sber 233.38 -0.60 17:42 19 jul
MICEX Ruble Trading
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EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul