In Russia, the ruble exchange rate has returned to pre-war indicators. Why?

News of Ukraine

In Russia, the ruble continues to strengthen for several days in a row. Today, during the auction, it fell below 77 rubles for the first time since February 21.

Euro — 84 rubles for the first time since December 30. That is, the rate has rolled back to the pre-war level and even lower.

Experts call such reasons:
high prices for gas and oil continue to persist,
foreign investors are prohibited from withdrawing funds from the Russian stock market, other restrictions on withdrawing funds from the country have also
been introduced, and many countries and companies have imposed an embargo on the export of goods to Russia (respectively, imports to the Russian Federation have sunk significantly),
the introduction of mandatory sale of 80% of foreign exchange earnings by exporters,
very serious restrictions on the purchase of foreign currency.
The last factor is very important.

Back in March, a ban on the sale of cash currency to individuals was introduced. This measure of the Central Bank will last at least until September 9.

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