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26.07.2024
the exchange and in the OTC market without any implications for the exchange rate. If these risks materialise, we will clarify a specific mechanism to
and precious metals is converted to rubles using the period average USDRUB exchange rate. Mortgage loans net of claims acquired by banks.
Source: Bank of
in the consumer prices of goods and services heavily dependent on
the exchange rate accelerated rather than lost momentum.
This means a rise in the
business risks, and
some strengthening of the negative impact of the ruble exchange rate dynamics.
CURRENT ESTIMATES OF CHANGES IN OUTPUT IN PERCENTILES RELATIVE TO
June, but this year, potato supplies notably contracted.
Exchange rate
In June 2024, the average exchange rate of the ruble rose against all main foreign
2024 Q1.
14
I n 2024 Q2, the nominal exchange rate and the real effective exchange rate of the ruble against the US dollar dropped
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 64
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 66
3.2.3. Official Exchange Rate:
equilibrium and that therefore its money stock does not change), is the exchange rate, and we
can set = to be the money stock in the
restore and the exchange rate will become less volatile as foreign exchange market participants adapt to the
new conditions.
RUBLE EXCHANGE RATE Table 3
USD
380
09.07.2024
Sanctions against Moscow Exchange have minimal impact on ruble/US dollar and ruble/euro rates
9 July 2024
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The imposition