The Bank of Russia has lowered a dollar exchange rate below 80 rubles

the Official dollar rate reduced from 80,88 78,85 ruble to ruble. The Euro changed from 86.7 85,43 ruble to ruble.

Photo: Alexey Sukhorukov / RIA Novosti Get whether the ruble to a “bottom”

the Ruble strengthened on the stock exchange on Tuesday, rising and Russian stock indices. One of the main reasons for the slowdown in new cases of coronavirus in Italy, which could be a script for other European countries and also the USA, says a senior analyst “BKS the Prime Minister” Sergey Suverov.

in addition, the impact factor of the unprecedented monetary measures by the fed launched unlimited quantitative easing. “Of course, care would still not be superfluous, as the world economy actually was in recession and a growing number of countries impose quarantine, limiting business activity. But the light at the end of the tunnel is still there,” the analyst notes.