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Dollar Falls Against Ruble After OPEC Decision on Oil Output Freeze

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The dollar dropped to 63 rubles in the last hours of Wednesday after the agreement of the Organization of the Petroleum Exporting Countries (OPEC) to freeze... 28.09.2016, Sputnik International

2016-09-28T21:12+0000

2022-08-06T11:16+0000

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Dollar Falls Against Ruble After OPEC Decision on Oil Output Freeze

21:12 GMT 28.09.2016 (Updated: 11:16 GMT 06.08.2022)

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The dollar dropped to 63 rubles in the last hours of Wednesday after the agreement of the Organization of the Petroleum Exporting Countries (OPEC) to freeze daily oil output.

Oil refinery in India. (File) - Sputnik International

World

OPEC to Present Oil Output Freeze Commitment Date During November Meeting

28 September 2016, 20:59 GMT

MOSCOW (Sputnik) – According to Moscow stock exchange data, the dollar fell by 0.82 against the ruble, down to 63.04 rubles, while the euro to ruble rate decreased by 0.95, down to 70.68 rubles.

Earlier on Wednesday, media reported that the OPEC states reached an agreement to freeze daily oil output for the whole organization. The commitment date of oil output freeze will be presented at the cartel's upcoming meeting in November.