In trading on the Moscow Exchange on Thursday, April 7, the Russian currency strengthened to $ 74.2625, last seen in mid -February.
After a record drop in the early days of Russia’s invasion of Ukraine, the Russian ruble returned to the level before February 24, despite sanctions. This was reported by Bloomberg.
It was reported that in trading on the Moscow Exchange on Thursday, April 7, the Russian currency strengthened to $ 74.2625, last seen in mid -February, that is, before the start of a full -scale invasion of Ukraine.
The publication says that, despite sanctions against the Russian government and its oligarchs and the removal of foreign businesses from the country, these actions have not had sufficient impact on the aggressor country while the European Union continues to consume Russia’s oil and gas.
Recall that the Kremlin says there are no reasons for Russia’s default.
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Source: korrespondent
