The ruble has updated lows after reports the state Department on new sanctions :: Finance :: RBC

New US sanctions against Russia will enter into force 20 days of August and will be associated with the “business Skrobala,” said the U.S. state Department

Photo: Andrew Lubimov / RBC

The dollar against the ruble rose in trading on the Moscow stock exchange up to 65.69 rubles, according to the auction. The day before, on Tuesday, the dollar closed trading at around RUB 63,49 Euro for the first time in three months (with may 3) rose above 76 rubles and reached the level of RUB 76,26, rising to the closure of the previous trading session made up 2.61 RUB.

A noticeable drop of the rouble began in the middle of the day, then the Russian currency has fallen against the dollar to its lowest level since April of indicators, and by evening had fallen to two-year low.

On Wednesday USA announced that in late August to impose new sanctions against Russia, saying Moscow has violated international law by applying a toxic substance “Newcomer” in the British Salisbury. The restrictions will affect the exports to Russia are related to homeland security electronic devices, dual-purpose and their components.

Swing on the ruble: why the Russian market is believed to sanctions

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The reason for the fall of the ruble were also caught earlier media details of U.S. bill on new sanctions against Russia. “Act on the protection of U.S. security from the aggression of the Kremlin 2018” offers you to combine all American restrictions against Russia in one database, to create a special sanctions office and recognize Moscow a “sponsor of terrorism”.

In addition to ruble, on Wednesday depreciated stocks of Sberbank and VTB: U.S. senators propose to prohibit operation in the U.S. these organizations, as well as VEB, Promsvyazbank, Rosselkhozbank and Gazprombank. Showed the decline and shares of AFK “System” earlier, the state Department confirmed that it is studying possible sanctions against it.

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