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Foreign exchange market: the dollar stable, the ruble plunges

07/04/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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En fin de cette semaine, le dollar est resté stable face aux principaux monnaies, tandis que le Russian ruble plunged to its lowest level in a year.

The dollar remained stable against the major currencies, while the euro strengthened slightly against the dollar on Thursday in an unconvinced foreign exchange market on the eve of a market holiday on Friday. According to the Dollar Index (+0.01 to 101.84 points), which compares the American currency to a basket of other currencies, the greenback was stable.

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Pour sa part, la monnaie russe a plongé vendredi son lowest level in a year, falling in the morning to 82.4 rubles per dollar and 90 per euro. The fall of the ruble is the consequence of the fall in Moscow's foreign exchange earnings against a background of sanctions.

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