Rouble jumps to near two-year high

The Russian rouble jumped Wednesday to around a two-year high against both the dollar and the euro, Reuters reported. The rouble was 3.6 percent stronger against the dollar and had gained 3.7 percent versus the euro during the day. The rouble is being propped up by capital controls, while stocks are trading with a ban on short selling and foreign players barred from ditching shares in Russian companies without permission.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives.
14-day free trial.

… or subscribe as a group

Source link

Leave a Reply

Your email address will not be published.