Euro Rate Exceeds 58 rubles for the First Time
Lesson Brief
Vedmosti
For the first time in history, the ruble fell to an all time low against the euro on Thursday, with the current exchange rate being 58 rubles to the euro. Since the beginning of the year, the dollar has gained40.2% on the ruble and the euro 26.3%. Russia's central bank is currently working on a major intervention plan to try to curb the country's falling currency.