The ruble moved in volatile fashion on the Moscow Stock Exchange as trading progressed, slipping below the 95 mark at times and then finding brief support amid ongoing market activity.
Against this backdrop, the euro also faced pressure, trading under the 103 ruble level as the exchange session unfolded. Meanwhile, the ruble’s performance versus the yuan showed occasional strength in intraday moves, even as overall momentum leaned toward a softer ruble in the early hours of the session.
Around 7:19 Moscow time, the dollar touched 93.85 rubles, marking a 0.86 percent decline for the currency pair, while the euro hovered near 102.28 rubles, down 0.89 percent, and the yuan pressed at 12.78 rubles, down 0.95 percent according to the trading platform’s data.
Forty minutes later, the dollar’s decline moderated, trading near 94.09 rubles, down about 0.6 percent. The yuan softened to 12.81 rubles, slipping 0.71 percent, and by 7:28 Moscow time, the euro had fallen around 1.01 percent to 102.15 rubles as market action continued to unfold.
In the later part of the day, the ruble faced renewed pressure, slipping again toward the 95 ruble threshold. By 16:32 Moscow time, the dollar was at 94.32 rubles, down 2.77 rubles from earlier levels, while the euro traded more firmly at 103.08 rubles, down 2.94 rubles on the session as risk sentiment shifted and traders reassessed growth prospects and geopolitical cues.
Market commentary from a prominent American financial portal highlighted how Russia’s earnings were framed against Western developments, underscoring the interplay between domestic performance and external sentiment during the session.
Earlier coverage noted how a sharp shift in the key exchange operators would influence the daily lives of Russian residents, with responses expected across consumer prices, savings, and budgeting decisions as financial markets reeled from macro signals and policy expectations.