The ruble has updated monthly lows against the dollar and the euro

Moscow. 5’th of July. INTERFAX.RU – The US dollar and the euro rose on the „Moscow Exchange” on Tuesday afternoon, updating the maximum marks since the beginning of June; the ruble fell against the dual-currency basket on the closing of positions in anticipation of news about the measures taken by the government of the Russian Federation to normalize the exchange rate.

The US dollar exchange rate amounted to 60.58 rubles. at 15:00, which is 5.34 rubles higher than the closing level of the previous auction. Earlier, the dollar rose above 61 rubles. for the first time since June 8th. The euro cost 62.16 rubles, having risen in price by 4.41 rubles. Earlier, the euro rose to 63 rubles. for the first time since June 10th. The cost of the dual-currency basket ($0.55 and EUR0.45) increased by 4.92 rubles to 61.29 rubles.

According to Interfax-CEA experts, the ruble fell against the dollar and the euro on Tuesday afternoon on the active closing of positions in anticipation of the actions of the Russian authorities to normalize the exchange rate and in the face of a decrease in demand for ruble liquidity from exporting companies after the completion of the peak of tax payments in June.

Michael Cooper

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