The euro exchange rate dropped below 102 rubles

The euro exchange rate during trading on the Moscow Exchange dropped below 102 rubles. for the first time since September 28, follows from the site data.

As of 10:05 Moscow time, the European currency was trading at 101.775 rubles, but after that the euro began to grow. The euro exchange rate was below 102 rubles. last time on September 28.

At the same time, the dollar exchange rate dropped to 96.28 rubles, and the yuan – to 13.12 rubles.

The Bank of Russia the day before lowered the official dollar exchange rate on October 20 by 6.5 kopecks to 97.3 rubles, and the euro by 28 kopecks to 102.62 rubles.

According to the regulator, the real effective exchange rate of the ruble for the first nine months of 2023 decreased by 29.7%, in September it grew by 0.2%.

The Central Bank has identified five factors that help stabilize the ruble exchange rate: wrote formerly Vedomosti. These include an increase in the rate, a refusal to purchase foreign currency on the domestic market within the framework of the budget rule, the development of a mechanism for converting national currencies used in external payments, a new export duty linked to the exchange rate, as well as sales of currency as part of mirroring investments from the National Welfare Fund.

October 13, Russian President Vladimir Putin notedthat the dollar exchange rate against the ruble is not associated with any problems in the economy. According to him, the Russian federal budget will be satisfied with a slightly stronger ruble exchange rate relative to world currencies.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button