Rouble hits seven-year peak against dollar
Futures on Brent in London hit close to a record high of $78.30 per barrel.
The Central Bank of the Russian Federation (CBR) fixed the USD/RUB rate at 26.6962 last Monday (August 7), the strongest since December 1999. This means the dollar broke important psychological levels. Many now expect a significant further increase in rouble strength, said Igor Souzdaltsev, president of ACI Russia and project manager at Investsberbank, Moscow.
He said a return to current rates after seven years reopens the
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