Euro surpasses 100 rubles on forex market
The trend in St. Petersburg exchange rates is above 107 rubles. On August 27, the euro exchange rate on the international Forex market exceeded 100 rubles for the first time since March — at 11:00, the European currency was trading at 100.03 rubles.
Consensus
- The offshore euro exchange rate exceeded 100 rubles on August 27.
- The official exchange rate of the euro was 98.29 rubles on August 27.
- The dollar and yuan also reached recent highs on the same day.
- The ruble's depreciation is linked to low foreign currency supply from exporters.
- Oil prices were low in June, with Urals crude at $63.52 per barrel.
- The ruble's decline is attributed to weak export revenues and low oil prices.
- The Moscow Exchange index has been declining since March, reaching a low of 1,900 points in July.
Points of divergence
- The offshore euro reached 100.66 rubles, the highest since February 10, 2025. — kommersant
- The dollar reached 86.29 rubles, a six-month high. — kommersant
- The yuan reached 12.85 rubles, a 1.5-year high. — kommersant
- The euro was traded at 100.03 rubles at 11:00 MSK on August 27. — tg_paperpaper_ru
- The euro was available in St. Petersburg exchange offices for 107.3 rubles. — tg_paperpaper_ru
- The dollar was traded at 85.5 rubles on the forex market. — tg_paperpaper_ru
- The euro reached a daily maximum of 100.03 rubles. — vedomosti
- The dollar reached a daily maximum of 85.81 rubles. — vedomosti
- The euro was at 100.33 rubles at 11:09 MSK. — vm
- The dollar was at 85.1 rubles at 11:09 MSK. — vm
- The yuan was at 12.76 rubles at 11:09 MSK. — vm
- The Moscow Exchange index rose slightly in August after falling nearly 35% from March to July. — vedomosti
Coverage (6 sources)
- Euro course exceeded 100 rubles for the first time in five months — Коммерсантъ
- Euro rate on Forex market exceeded 100 rubles. Rate in St. Petersburg exchange offices — above 107 rubles — Бумага
- Off-exchange euro rate in the moment crossed the 100 ruble mark — Ведомости
- Euro course on Forex exchange exceeded 100 rubles for the first time in five months — Коммерсантъ
- Off-exchange euro rate rose above 100 rubles — Вечерняя Москва
- Euro course on interbank market exceeded 100 rubles — Москва 24