The dollar rate to the ruble has updated the minimum from July 2020, dropping to 71.34 rubles. This is evidenced by the data of the Moscow Exchange.
By the time of publication, the price of the currency price slightly recovered after a record drop, reaching 71.41 rubles. The cost of the euro in relation to Russian currency also continues to decline. By the time of the preparation of the news, it costs 82.72 rubles. Daily minimum equals 82.89 rubles.
Oil price during the bidding October 11 updated a three-year record. Brent oil raised in price to 83.8 dollars per barrel for the first time since October 2018. By the time of publication, Brent news has risen in price and costs $ 84.07 per barrel. The price of the WTI oil brand slightly rose – 81.13 dollars.
Earlier, director of the Russian Direct Investment Foundation (RFI), Kirill Dmitriev expressed the opinion that the global market is oversaturated with dollars, and this is the cause of high global inflation. About 40 percent of all dollars in circulation were printed by the United States over the past two years, he noted.