
The euro/dollar exchange rate fell to a 17-month low amid investor concerns about France's public debt and the political situation in the country.
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The euro fell about 2.5 percent last month amid investor concerns.
The euro/dollar exchange rate dropped to a 17-month low. This was reported by Reuters.
According to him, the European Union currency initially fell by 0.8 percent, reaching a 17-month low of $1.116. Later there was an adjustment to $1.1208.
The euro, which fell about 2.5 percent last month, came under pressure as investors worried about France's rising public debt and political deadlock ahead of next year's presidential election, the agency said.

World prices for Brent oil have stabilized at $102-103 per barrel. Rising exports from Saudi Arabia and G7 plans to release strategic fuel reserves have eased fears of a supply shortage.

Finance Minister Anton Siluanov said that real incomes of Russians will grow by 1.4% in 2027, and by 2.5% annually in 2028-2029. An increase in the minimum wage to 28,935 rubles and the subsistence level to 20,227 rubles was also announced.

The head of the Federal Tax Service, Daniil Egorov, reported an increase in the number of officially employed Russians by 1.3 million over four years. At the same time, the number of citizens without official income decreased by 3.7 million people, and the number of self-employed reached 9.5 million.

In September, the average price of Russian Urals oil reached $92.08 per barrel amid rising world prices due to the conflict in the Middle East. The Ministry of Finance forecasts an increase in additional oil and gas budget revenues in October to 289.46 billion rubles.

The property of businessman Telman Ismailov and his family in Montenegro, worth about 3 million euros, may be seized as part of bankruptcy proceedings. Assets include land plots, commercial properties and companies in Podgorica.

The head of the Accounts Chamber of the Russian Federation, Boris Kovalchuk, said that domestic demand will continue to stimulate the economy. Retail trade is forecast to grow by 8.8% from 2027 to 2029, with fixed investment gradually accelerating as monetary policy eases.