Ruble rallies despite lifting of ban on foreign currency purchases ...News

Economy by : (Russia Today) -
The Russian currency continues to strengthen against the euro and US dollar The Russian national currency, the ruble, has strengthened against the euro and US dollar on Monday, reaching its highest level against the European single currency since April 8, trading data from the Moscow Exchange shows. The rally comes despite the easing of capital control measures by the Russian central bank, which on Monday lifted a ban that had been in place since late February on individuals buying foreign currency for rubles. As of 11:35 GMT, the Russian currency had jumped 4.14% to 81.81 rubles against the euro and gained 1.12%

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