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The Russian foreign exchange market ends the week with the strongest collapse of the ruble since the beginning of the coronavirus pandemic.
As Interfax explains, after several countries advised their citizens to leave Ukraine, the dollar exchange rate on the Moscow Exchange passed the marks of 75, 76 and 77 rubles, jumping by 2.58 rubles (+3%) in a day.
The euro exchange rate on the Moscow Exchange is growing by 2.76% by the close of the previous session, to 88.34 rubles. – these are the site data at 21:36 Moscow time. As of 21:47 Moscow time, the euro fell to 87.71 rubles. (+2.02%). The last time the euro was above 88 rubles. January 27th.
Meanwhile, the dollar is rising to 77.37 rubles. (+3.08%), according to trading data at 21:51 Moscow time.
On Thursday, the US State Department recommended that Americans leave Ukraine. On Friday, the same recommendations were published by the authorities of Japan, Montenegro, South Korea, Norway and other countries.
Assistant to the President of the United States Jake Sullivan believes that the Russian Federation can take aggressive steps against Ukraine any day. According to Sullivan, the invasion will begin with an air attack. CNN, citing its sources, reported that the US and its allies have received new intelligence, according to which Russia may launch an attack on Ukraine even before the end of the Beijing Olympics.
Russia’s invasion of Ukraine could begin as early as next week, journalists from NBC and PBS said, citing unnamed US administration officials, according to MK. According to sources, Russia will launch a “terrifying bloody campaign” against Ukraine. The Russian invasion will begin with two days of aerial bombardment and electronic warfare, and then military units may invade with the likely goal of overthrowing the current Ukrainian government.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
