RUSSIA EU ECONOMY

Euro and US Dollar drop against Russian Ruble

epa10201764 People walk in front of the currencies exchange office with the US Dollar exchange rates shown in the background in Moscow, Russia, 23 September 2022. According to Interfax experts, the ruble demonstrates a confident positive trend against the dollar and the euro in the auction, despite the growth of geopolitical risks around Russia and the global negative trend. The fall of the European stock indices by the middle of the trading day is 2.2 to 3 percent, futures for the US S & P 500 index is reduced by almost 1.3 percent, world oil prices are losing 3 to 3.5 percent. The ruble is supported by sales of foreign exchange earnings by exporters, who dominate the demand for foreign currency from importers. EPA/MAXIM SHIPENKOV

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