Exchange rate of the Euro exceeded 79 rubles for the first time in three weeks

The Euro during trading on the Moscow exchange for the first time since March 15 has exceeded 79 rubles, according to data from stock exchanges.

According to 19:33 GMT, the Euro rate against the ruble was 79,07 RUB, on the high it reached in 79,08 RUB.

However the dollar at the opening of trading on the Moscow stock exchange exceeded 69 rubles On the maximum U.S. currency rose to the level of 69.488 rubles. According to 19:40 GMT, the dollar was 69,38 RUB.

The ruble weakens amid slump in oil prices. During the previous two days at the auctions in London the price of Brent crude oil decreased from $40,43 per barrel on Friday (the maximum) to $37,50 Friday (minimum). At 19:55 Moscow time on Tuesday, April 5, one barrel of Brent on the stock exchange was worth $37,60.