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exchange rate for the funds credited to the account before 9 September 2022. Funds credited after 9 September 2022 should be withdrawn at the exchange

beginning of this year. ** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. Inflation Expectations and Consumer Sentiment 3 No.

to nearly all banks and the Moscow Exchange, impacting the foreign exchange market and contributing to exchange rate volatility throughout the year. This also exacerbated

sheets denominated in foreign currency are converted into national currency at the exchange rate as of the last business day of the reporting period. CRITERIA

on the average exchange rate. Source: Bank of Russia. PRICES FOR GOODS AND SERVICES CHARACTERISED BY HIGH AND LOW SENSITIVITY TO EXCHANGE RATE Chart 29

million and actual expenses on the services provided by the 52 exchange and the rating agency. 53 Up to 70% of the Bank of Russia

Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 74 3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 76 3.2.3. Official Exchange Rate:

USD/RUB exchange rate spread calculated based on the over-the-counter quotations and the cross rate calculated using USD/CNY and USD/CNH exchange rates was

beginning of this year. ** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. Inflation Expectations and Consumer Sentiment 3 No.

and precious metals is converted to rubles using the period average USDRUB exchange rate. Source: Bank of Russia. Russia’s balance of payments indicators in