Euro / Russian Ruble
Long

EURRUB UP D1

126
After a huge growth that began after the New Year holiday, the EURRUB currency pair made a strong downward movement and almost returned to its original positions. But recent events in Russia related to the vote on the change of the constitution, began to question the stability of the Russian currency. The media are talking about a possible devaluation of the Russian currency. And there are a number of significant reasons for this. This is the situation associated with the global epidemic, and the instability of the commodity market, and changes in the political and constitutional system of the country. Also, the European Union is starting to recover after serious problems associated with quarantine. The growth of the Euro can be seen in relation to many world currencies. The same is for the EURRUB currency pair

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