{"id":60878,"date":"2022-02-24T14:50:49","date_gmt":"2022-02-24T10:50:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=60878"},"modified":"2022-02-24T14:50:52","modified_gmt":"2022-02-24T10:50:52","slug":"the-ruble-hits-a-record-low-and-the-safe-haven-currencies-rise-after-the-russian-invasion-of-ukraine","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-ruble-hits-a-record-low-and-the-safe-haven-currencies-rise-after-the-russian-invasion-of-ukraine\/02\/24\/market-updates\/","title":{"rendered":"The Ruble Hits a Record Low, And The Safe-Haven Currencies Rise After The Russian Invasion of Ukraine"},"content":{"rendered":"\n<p>The Russian ruble fell to a record low on Thursday, the euro sank to a multi-year low against the Swiss franc, while the Japanese yen jumped after Russian forces attacked Ukraine, firing missiles at several cities and landing troops on the country&#8217;s southern coast.<\/p>\n\n\n\n<p>Investors turned away from the Russian currency and turned to safe-haven currencies. Risky currencies that are sensitive to investor sentiment such as the Australian dollar also declined.<\/p>\n\n\n\n<p>And increased volatility in the foreign exchange markets.<\/p>\n\n\n\n<p>The ruble fell to 89.98 against the dollar. The dollar rose 7 percent against the ruble in the latest trading, with selling pressure building as European markets opened.<\/p>\n\n\n\n<p>The euro fell 0.84 percent to $1.1209, its lowest since Jan. 31.<\/p>\n\n\n\n<p>The Swiss franc rose to its highest level since 2015 against the euro to 1.029 before falling back. And the euro recorded in its latest trading, a decline of 0.3 percent to 1.0352 dollars.<\/p>\n\n\n\n<p>The US dollar initially rose, and its index increased by 0.60 percent to 96.762 for the first time since Jan. 31, before giving up some of its gains.<\/p>\n\n\n\n<p>The Japanese yen&#8217;s movements were not large, and it was last up 0.2 percent at 114.74 against the dollar.<\/p>\n\n\n\n<p>The Australian dollar fell 0.90 percent to $0.7167 and the New Zealand dollar fell 1 percent to $0.6706.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Russian ruble fell to a record low on Thursday, the euro sank to a multi-year low against the Swiss franc, while the Japanese yen jumped after Russian forces attacked Ukraine, firing missiles at several cities and landing troops on the country&#8217;s southern coast. Investors turned away from the Russian currency and turned to safe-haven &hellip;<\/p>\n","protected":false},"author":9,"featured_media":55033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,36],"tags":[7211,6877,6928,6882],"class_list":["post-60878","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=60878"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60878\/revisions"}],"predecessor-version":[{"id":60879,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60878\/revisions\/60879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55033"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=60878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=60878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=60878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}