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Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 82
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 84
3.2.3. Official Exchange Rate:
precious metals is converted to rubles at a period average USD/RUB exchange rate.
Source: Bank of Russia.
RUSSIA’S BALANCE OF PAYMENTS INDICATORS IN
213
06.03.2026
exchange rate for the funds credited to the account before 9 September 2022. Funds credited after 9 September 2022 are paid out at the exchange
2024 2025
Current account balance Ruble real eective exchange rate index (right-hand scale)* Ruble nominal eective exchange rate index (right-hand scale)*
* 2019 Q1 = 100%.
Source:
below the seasonal norm. Egg
prices demonstrated the same trend.
EXCHANGE RATE
The ruble exchange rate against the main currencies had been fluctuating within broadly
well as the wealth of
investors (the welfare channel), and the ruble exchange rate (the foreign exchange channel).
Through any of these channels, higher market
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 85
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 87
3.2.3. Official Exchange Rate:
A. , Kulikov A. , Polbin A. Copula-Based Modelling of Relationship Between Dollar/Rouble Exchange Rate
and Oil Prices. Russian Journal of Money and Finance. 82(3
week of January on the back of the VAT hike.
December’s exchange rate moves tended to have a neutral effect on prices, despite ruble
2. Exchange rate policy
2.1. Exchange rate regimes
— classification of exchange rate regimes
— de facto and de jure regimes
— choosing an exchange rate regime