The Russian ruble fell today, Wednesday, affected by a decline in exports and an increase in imports, decreasing by 0.1% against the dollar to 82.06 and losing 0.1% against the euro to reach 89.70, while remaining stable against the yuan at 11.91.
Central Bank Governor Elvira Nabiullina informed legislators today that "the weakness of the ruble is due to decreased exports, a recovery in imports, and falling oil prices," considering that "the ruble will benefit from a rise in oil prices, which surged in April after the OPEC+ alliance cut target production levels."
