The euro exchange rate exceeded ₽88

The Russian currency is falling against the euro and the DOLLAR amid worsening crisis around Ukraine

The euro exchange rate on the Moscow Exchange exceeded 88 rubles. The European currency rose by 0.55 rubles, reaching 88.1 rubles, according to trading data at 7:00 Moscow time.

The ruble is also declining against the dollar. The US currency rose by 0.25 rubles, reaching 77.55 rubles at the opening.

By 7:30 am, the euro exchange rate corrected to 87.11 rubles, the dollar to 76.65 rubles.

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The Russian currency remains volatile amid the aggravation of the situation in Ukraine. On the evening of February 20, US Secretary of State Anthony Blinken warned that the United States would respond to Russia's actions not only in the event of a full-scale "invasion" of Ukraine, but even if the situation in the Donbass was at a "low or medium boiling point."

After that, the US Embassy warned the Americans about the threat of attacks on public places in RUSSIA and near the border with Ukraine. The diplomatic mission clarified that there are threats of attacks in shopping centers, railway stations, subways and other crowded places in large cities, including Moscow and St. Petersburg.