Dollar skyrockets to 90, euro passes 101 rubles at Moscow Exchange

The ruble plunged to a new historic low on Monday amid geopolitical and sanctions risks, reaching the limits set for Monday already at the start of the trading session with the dollar skyrocketing to 90 rubles and euro hitting 101 rubles, Report informs, citing the Moscow Exchange.

The Moscow Exchange earlier set a ceiling of 90 rubles for the dollar and 101.1925 for the euro for Monday.

"The price range limits at the currency market won't change automatically for the entire trading sessions. The price ranges may only change under a separate decision of the Bank of Russia. On the money market, the trades and settlements will be held on repo transactions," the Moscow Exchange said.