The dollar exchange rate on the Forex market exceeded 110 rubles for the first time since March 2022

The dollar exchange rate has exceeded Br110 for the first time since March 16, 2022. This follows from the data of the international over-the-counter foreign exchange market Forex.

Thus, as of 14:20 Moscow time, the dollar rate on the market rose by 4.26% and amounted to 110.0006 rubles. At the same time, the euro rate reached 115.705 rubles, its growth amounted to 4.56%.

More than a hundred to one: the ruble exchange rate will consolidate around 105-107 per dollar by the end of the year

Why is the Russian stock market falling and what can support the national currency and company shares?

On the eve, financial expert Vladimir Grigoriev said that the value of the U.S. currency is likely to remain above the mark of 100 rubles until the end of the year. He added that currently oil prices do not affect the value of the ruble as significantly as before, as a very significant part of Russian oil is paid in rubles.

Earlier, November 19, the official dollar rate exceeded Br100 for the first time since October 10, 2023. At the same time, the official rate of the yuan amounted to Br13.77 - an increase of 1.47 kopecks, while the euro - Br105.73 (plus 27.32 kopecks).