The RTS dollar index during trading fell by 8.03%, dropping below 1300 points, follows from the data of the Moscow Exchange on January 24.
According to the stock exchange at 13:44 Moscow time, the RTS index amounted to 1289.33 points. The Moscow Exchange Index during trading fell by 6.97%, to 3199.53 points, at 13:52 Moscow time.
The last time the indices were below these indicators was in December 2020.
Earlier in the day, the euro exceeded 89 rubles for the first time since July 2021, and the dollar rose above 79 rubles for the first time since November 2020.
January 18, the Moscow Exchange index fell below 3500 points. So, as of 10:10 Moscow time, this figure was 3497.42 points (-1.85%). At the same time, the RTS index fell to 1444.87 points (2.08%).
On January 17, Anna Bodrova, a senior analyst at the Alpari information and analytical center, told Izvestiya that in the perspective of 2022 there are prospects for the strengthening of the ruble exchange rate, but only if the geopolitical factor is taken under control. According to her, the ruble was falling due to internal reasons, the euro was growing against the backdrop of fluctuations in the main currency pair.
On January 14, Bodrova said that the rate of the European currency rose on the world currency market in response to the weakening of the US dollar: it is expected that the US Federal Reserve (Fed) will raise interest rates four times this year, not two, as expected before.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
