EURCHF Euro vs Swiss Franc

0.9751

0.0004 (0.04%)

Last Updated: 02:05:45

Delayed by 15 minutes

Name	Symbol	Market	Type
Euro vs Swiss Franc	FX:EURCHF	Forex	Exchange Rate

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.0004	0.04%	0.9751	0.975	0.9751	0.9754	0.9745	0.9746	0	02:05:45

Russian Ruble Advances To 2-day High Vs U.S. Dollar Despite Russia Rate Cut

28/04/2017 8:39am

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Euro vs CHF (FX:EURCHF)
Forex Chart

From May 2019 to May 2024

The Russian Ruble climbed against the U.S. dollar in European deals on Friday amid higher oil prices, shrugging off the Russia's central bank decision to cut its key rate by 50 basis points.

The Board of Directors decided to reduce the key rate to 9.25 percent per annum, the Bank of Russia said in a statement. Economists had expected a modest reduction to 9.5 percent.

Policymakers noted that inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering. Meanwhile, inflation risks remain in place, the bank said.

The Russian Ruble advanced to a 2-day high of 56.56 against the greenback, from a low of 57.12 hit at 6:30 pm ET. The next possible resistance for the Russian currency is seen around the 54.00 region.