The ruble fell to the dollar and the euro

After a long weekend, the ruble on the Moscow Exchange on February 25 fell to the dollar and to the euro: by 16.20 Moscow time they gave 65.3 rubles per dollar, which is 1.2 rubles higher than the level of closing of previous bidding, almost 70.9 rubles (+1.5 rubles) for the euro.

During the auction, the euro exceeded 71 rubles (for the first time since the beginning of December), the dollar - 65.5 rubles (for the first time since September), the weakening of the Russian currency reached 2%.

The reason for reducing the ruble course is the same as all the currencies of developing countries: the flight of investors in protective assets amid news about the spread of coronavirus outside China, supplemented by 4% oil. We wrote about what was happening in world markets in detailhere .

Until the end of February, the rate is unlikely to go beyond 66 rubles per dollar, FORBES experts predict . Otherwise, the Russian currency will continue to depend exclusively on the external conjuncture.