A fall in the exchange rate is always followed by an increase. Now all markets are at the stage of deep pessimism. This was announced on Monday, January 24, by the press secretary of the President of the Russian Federation Dmitry Peskov, commenting on the growth of the dollar and the euro during trading on the stock exchange.
“As for the markets, it is probably wrong to talk about Russian markets in isolation from international ones. All international markets cannot but react to such an atmosphere. [в мире], and all markets are now, let’s say, at the stage of deep pessimism,” Peskov told reporters.
He stressed that “such periods of decline are always followed by periods of more or less rapid growth, this must be perfectly understood.”
On January 24, by 11:20 Moscow time, the euro exchange rate accelerated growth to 0.21%, to 88.05 rubles. By 11:35 Moscow time, the European currency slowed down to 88.03 rubles (+0.18%). The dollar accelerated growth to 1.03%, to 78.22 rubles at 12:10 Moscow time. At 12:06 Moscow time, the exchange rate of the American currency was 78.01 rubles.
The financiers interviewed by Izvestia called the reasons for the sharp rise in the euro and the US dollar exchange information about Ukraine and geopolitical tensions.
Reports periodically appear in the Western media about an allegedly possible Russian invasion of Ukraine. Against this background, lawmakers in the United States are calling for tougher sanctions against Moscow. Russia has repeatedly rejected reports of an allegedly possible attack on a neighboring country. On January 10, Russian Deputy Foreign Minister Sergei Ryabkov emphasized that Moscow has no and cannot have any intentions to attack Kiev.
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.