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End to Sanctions Against Iran Prompts Ruble to Fall Against Dollar, Euro

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According to currency market trade data, the Russian ruble fell against the dollar and euro after oil prices dropped. 18.01.2016, Sputnik International

2016-01-18T07:24+0000

2023-03-05T10:53+0000

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End to Sanctions Against Iran Prompts Ruble to Fall Against Dollar, Euro

07:24 GMT 18.01.2016 (Updated: 10:53 GMT 05.03.2023)

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According to currency market trade data, the Russian ruble fell against the dollar and euro after oil prices dropped.

Стопки десятирублевых монет на экране с биржевыми графиками - Sputnik International

Russia 'Has Not Taken Full Advantage' of Ruble’s Collapse

13 January 2016, 22:17 GMT

MOSCOW (Sputnik) – The Russian ruble fell against the dollar and euro after oil prices dropped on news of sanctions being lifted against Iran, according to currency market trade data on Monday.

Brent oil is trading at less than $28 per barrel now that sanctions against Iran have been lifted.

On Monday morning, the ruble was trading at 78.67 rubles to the dollar, down 1.07 rubles, and the euro gained 0.97 rubles to reach 85.65 rubles to the euro.