The Russian ruble has accelerated the fall

News Project Concord
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The Russian ruble on July 28 hastened the fall of the dollar and the Euro. As writes “Interfax”, the ruble exchange rate to the Euro for the first time since April 2 of the current year fell below 85 RUB/€, the dollar – below 72 rubles.

During trading on the Moscow exchange, the Euro rose to 94, 25 kopecks, the dollar – on of 92.25 penny.

According to experts of “Interfax-CEA” (Centre for economic analysis), the ruble depreciates in relation to the “reduction of appetite for risky assets, pending the outcome of the two-day meeting of the Federal reserve system of the USA”, at the end of the peak of tax payments in July and demand for foreign exchange liquidity from non-residents “for the repatriation of dividend payments by Russian companies”.

In addition, analysts believe that the ruble is weakening in anticipation of the final part of the report of the Committee on intelligence of the Senate of the United States of Russian interference in American elections.

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