Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Russian Rouble Falls to Lowest Level in 3 Weeks against Dollar, Euro


Fri 29 Jul 2022 | 11:55 PM
Taarek Refaat

The Russian rouble fell to its lowest level in 3 weeks against the dollar and the euro, during trading on Friday.

The rouble remains the world's strongest performing currency this year so far, backed by the Russian government's actions - to protect the financial system from Western sanctions imposed since the Russian operation in Ukraine on February 24.

The dollar rose against the Russian ruble by 0.77% to 62.47 roubles, after reaching its highest level at 64.04 roubles earlier in trading.

The euro also rose against the Russian currency by 0.36% to 63.46 roubles, after reaching its highest level during the day at 65.47 roubles.