9 Aug 2011 10:15

Ruble plummets against dollar, euro

MOSCOW. Aug 9 (Interfax) - The ruble continues to plummet against the dollar and euro, and the dual currency basket has hit a 2011 high amid the ongoing turmoil in the global markets.

The dollar soared 32 kopecks to from the previous closing level to 29.24-29.31 rubles/$1 in Tom deals on the Moscow Interbank Currency Exchange (MICEX) in the first few minutes. This is 75 kopecks above today's official rate.

The euro opened at 41.7 rubles/EUR1, which is 55 kopecks above the previous closing level and 75 above today's official rate.

The dual currency basket ($0.55 and EUR 0.45) opened the day at 34.85-34.9 rubles, or 40-45 kopecks above its previous closing value.