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A new drama with the ruble. What is happening?

The US dollar rose to 63 rubles on the Moscow exchange for the first time since July 7. The euro was trading below 62 rubles for the first time since August 11, Russian online media reported.

According to experts, the ruble is depreciating against the dollar and the euro, Nova reports. According to Reuters, the currency hit its lowest value in two weeks as investors feared that the new sanctions against Russia could restrict Moscow’s access to foreign currency.

A few days ago, the European Union approved a new package of sanctions against Russia, including a cap for Russian oil delivered to third countries.

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