Ruble sets new anti-record: dollar traded at 85 rubles, euro at 93

The current rate of the U.S. dollar against Russian ruble is the highest since Russian currency denomination in 1997-1998, while euro beats record highs of December 2014.

Censor.NET reports citing Gazeta.ru.

As at 12:02 p.m. MSK, dollar was traded at 85.59 rubles, while euro's cost reached 93.302 rubles.

As reported, the weakening of the Russian currency is due the drop in world oil prices. Yesterday, the market saw certain growth in oil prices followed by further decline. Brent crude slumped by 2.3 percent to $28.2 a barrel. The cost of a barrel of WTI crude dropped by almost 3 percent to $28.7 a barrel.