Russian ruble and stock market resume their decline

The collapse of the Russian ruble, which showed October 27 the worst dynamics this autumn due to a decline in export sales and oil prices, continued on Thursday, November 12, after a short-term strengthening.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

According to the Moscow Stock Exchange, the dollar has grown to 65.132 rubles, while the euro has been traded at 70.22 rubles since the beginning of the trade.

The Russian stock market has also collapsed following the ruble's weakening.

Read alsoRussia’s forex reserves "lose weight" – week’s drop by $5.4 blnThe MICEX index dropped 0.29% to 1735.58, while the RTS was down 1.23% at 835.58.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!