The dollar exchange rate dropped below 77 rubles

The dollar exchange rate by 19:00 Moscow time on November 5 for the first time since October 27 fell below 77 rubles, the euro exchange rate - below 91 rubles.

World markets continue to react to the US elections. Investors believed that the remaining Republican majority in the Senate under any president would not allow a sharp increase in taxes and changes in regulation that could lower the quotes of big tech companies and the healthcare sector, writes Bloomberg.

According to the agency's calculations, this week could be the best for the US stock market since April. After the opening of trading in the US, the Dow Jones Industrial Average rose almost 600 points, or 2%, the Nasdaq 100 rose another 2.3%, bringing it up to 9% for the week.

Russian indices were also growing: on Thursday, by 20.30 Moscow time, the Moscow Exchange index rose by 2.7%.

Growth added $33 billion to the wealth of the world's top 10 billionaires, many of whom are CEOs of technology companies.

At the same time, the dollar falls against the euro by 1%: the absence of a Democratic majority with the victory of Joe Biden will mean the braking of a new large economic stimulus package.