THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.
The dollar and euro rates against the ruble on the Forex currency market on Thursday morning soared by 9-10% and reached historical highs of 90 rubles. and 101 rubles. accordingly, RIA Novosti reports with reference to Bloomberg data.
Earlier in the course of trading, the euro rate reached a maximum of 101.07 rubles, the dollar – at 89.9 rubles.
The Moscow Exchange stopped trading on the currency on Thursday at 7.20 Moscow time.
This morning, the Russian stock and currency markets reacted with a panic drop to a sharp aggravation of the conflict around Ukraine and the start of a special military operation of the Russian troops in the Donbass.
Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”
According to the Russian leader, the plans of the Russian Federation “do not include the occupation of Ukrainian territories,” however, “the Russian Federation considers it important that all the peoples of Ukraine can exercise the right of self-determination.”
Reacting to the Kremlin’s decision, US President Joe Biden, in a special statement, called Russia’s attack on Ukraine unprovoked and unjustified and promised to hold it to account.
For his part, UN Secretary-General António Guterres urged Putin to “stop the soldiers” from attacking Ukraine and give peace a chance.
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.
