×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Russia's Ruble Plunges to New Historic Low Versus Euro

Russian rouble and the U.S. dollar bank notes are seen in this illustration picture taken in Moscow.

Russia's ruble touched a new all-time low against the euro of over 51.20 rubles per euro on Monday.

The ruble hit a low of 51.2050 against the euro and by 0820 GMT was trading at 51.2025 rubles per euro. It last approached the level of 51.20 rubles per euro in March.

The ruble has been pressured for months by falling oil prices, dollar strength and broad risk aversion to Russian assets due to Western sanctions over the Ukraine crisis.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more