Euro rate jumps to 75 rubles at Moscow Exchange, first time since March 2019

Euro rate jumps to 75 rubles at Moscow Exchange, first time since March 2019
  • Clock-gray 23:49
  • calendar-gray 02 March 2020

The euro-to-ruble exchange rate on the Moscow Stock Exchange rose by 1.6% in comparison with the closing level of previous trading session and amounted to 75 rubles, according to trading data as of 4:43 pm Moscow time, APA reports citing TASS.

The last time the euro was at this level on March 1, 2019.

The dollar exchange rate increased by 0.5%, to 67.2 rubles.

The cost of a futures contract for Brent crude oil with settlement in May 2020 increased by 1.9% and amounted to $ 50.6 per barrel in the course of trading on the ICE Exchange in London. On February 28, the price of oil of this blend fell below $49 per barrel, which is historic low since July 2017.

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