The dollar rose to 72 rubles, the euro - up to 76

According to Kommersant, the last time the American and European currencies reached such levels was on April 29.

As of 8:38 Moscow time, the dollar was worth 72.02 rubles, which is 1.02 rubles more than the previous auction. The euro added 1.25 rubles in price, having risen in price to 76.85 rubles. The yuan has grown by 19 kopecks - to the level of 10.27 rubles.

Sharp fluctuations in the exchange rate in the country were the result of the introduction of the ninth package of EU sanctions and the establishment of a price ceiling for Russian oil, which, as experts predict, will deprive Russia of super-profits in raw materials, significantly reduce the inflow of foreign exchange earnings to the Russian Federation and weaken the national currency.

All this is ultimately fraught with an aggravation of the budget deficit and an increase in social tension in the country.

The day before, the dollar exchange rate for the first time since May 11, 2022 exceeded 70 rubles. According to experts, the dollar will continue to rise, as Russian oil and gas exports are declining due to sanctions. In 2023, the exchange rate is predicted to be about 75 rubles per dollar.