Dollar, euro break new records in Russia, dollar more than doubles in value this year

12:26, 16.12.2014 1 min read

The dollar and euro continue to scale new highs against the ruble on the Moscow Exchange, hitting new all-time highs for the seventh day running.

The dollar was up 255 kopecks from previous closing to 66.999 rubles/$1 by 11:40 a.m. and the euro was up 430 kopecks to 83.2 rubles/$1.

In the last seven days, the dollar has risen 27.6% or around 14.5 rubles and the euro 28.7% or around 18.5 rubles.

The dollar has gone up 104% against the ruble since the start of the year and the euro has risen 83.5%, the Interfax Center for Economic Analysis said.