OREANDA-NEWS The dollar rose by almost 35%, to 113.5 rubles, and the euro jumped by about 33% and reached 127 rubles in the Forex market. These are the highest figures in history, Bloomberg reported. Andrey Vernikov, an expert from the Univer Capital investment group, said that the dollar exchange rate could rise to 100-120 rubles if the assets of Russian banks are frozen. However, he stressed that such a course would not last long.

By 9:04 Moscow time, the euro fell to 119.92 rubles, the dollar to 107.5 rubles. During the auction, the euro peaked at 132.88 rubles, the dollar - at 117.82 rubles.

Andrey Vernikov, head of the Investment Analysis and Training Department of the Univer Capital investment Group, stressed that the worst thing for the Russian economy is not disconnecting from the SWIFT interbank system, but freezing Russian assets, since the volume falling under sanctions is unknown.

"At first glance — 35%. Next, the Central Bank of the Russian Federation will raise the rate to 13-14%, and the dollar will return to 85 rubles in a week," Vernikov said.

On February 28, the European Union imposed sanctions against the Bank of Russia, which relate to the management of reserves and assets. "Operations related to the management of reserves and assets of the Central Bank of Russia are prohibited, including transactions with any legal entity, organization or body acting on behalf of or on behalf of the Central Bank of Russia," the EU decision says.