Dollar rate falls below 64 rubles, euro rate drops below 66 rubles on Moscow Exchange

TASS Russian News Agency | May 12, 2022 at 5:01 PM

MOSCOW, May 12. /TASS/. The dollar-to-ruble rate fell below 64 rubles in the course of the currency trading of the Moscow Exchange, for the first time since February 2020.

The euro-to-ruble rate fell below 66 rubles, for the first time since June 2017, according to the trading data.

As of 05:02 pm Moscow time, the dollar rate was lost 4.97%, dropping to 63.86 rubles. As of 05:14 pm Moscow time, the euro lost 6.66% and dropped to 65.94 rubles.

By 05:42 pm Moscow time, the dollar accelerated its decline to 63.48 rubles (-5.54%). The euro fell to 65.85 rubles (-6.79%).

The MOEX index lost 3.35% and dropped to 2,307.19 points. The dollar-denominated RTS index rose by 1.9% to 1,145.32 points.