The exchange rate of the Russian ruble in trading on the Moscow Exchange on August 25 rose significantly, fully winning back the losses of the previous day.

The dollar, as of 16:00, costs 68.59 rubles, which is 2.36 rubles less than the day before. For the euro on the stock exchange they give 78.58 rubles. Compared to the closing level of previous trading, the European currency fell by 3.67 rubles.

The Central Bank of the Russian Federation set the dollar exchange rate on August 26 at around 69.95 rubles. The euro officially costs 80 rubles 72 kopecks.

The exchange rate of the ruble is growing against the backdrop of rising oil prices. A barrel of Brent on the ICE exchange in London at 16:15 Moscow time is trading at $44.12, which is 3.2 percent more than the closing level of previous trading.

On August 24, the ruble exchange rate on the Moscow Exchange updated the lows of late 2014 - early 2015. The official exchange rate of the dollar against the ruble has reached a maximum since 1998, and the euro exchange rate, set by the Central Bank of the Russian Federation, has come close to a historical record.
The collapse of the Russian currency, in addition to the decline in world oil prices, was also associated with a sharp drop in the stock market in China. The Shanghai Stock Exchange index fell more than 8 percent on August 24.
On August 25, the People's Bank of China announced a fifth cut in key interest rates since November 2014, and revised reserve requirements for banks. World exchanges reacted to the decision of the Chinese regulator by increasing the main indices.

The dollar exchange rate dropped below 69 rubles