[Archyde.com on the 6th]–The Russian ruble on the 6th was the highest price in about two years against the euro. Against the dollar, it is heading towards 1 dollar = 66 rubles. The background is capital restrictions and sluggish foreign currency demand.
As of 0719 GMT (4:19 pm Japan time), the ruble is 69.57 rubles, up 0.8% against the euro. It rose to 69.125 rubles, the highest since February 2020.
It was up 1.1% against the dollar at 66.24 rubles. It is approaching the highest price of 65.3125 rubles in about two years, which was recorded the day before.
The ruble has benefited from a compulsory sale of foreign currency by exporters in recent weeks. Foreign currency demand is also sluggish due to shrinking imports and restrictions on cross-border transactions.
Russian stocks are mixed.