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15).
• Exchange rate (foreign exchange channel)
The ruble exchange rate strengthened slightly at the end of May. The average monthly RUB/USD exchange
rate demonstrated
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:
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12.06.2024
will still be traded in the over-the-counter market.
To set the official exchange rate of the US dollar and euro against the ruble, the Bank
of other
durable goods remained on average moderate. The impact of the exchange rate on the current
price movements is generally neutral. The price growth
445
07.06.2024
payments, the stronger the ruble. Have you assessed this impact on the exchange rate? Is this behind the recent strengthening of the ruble? What is
446
06.06.2024
Retail investors are more active in exchange market
6 June 2024
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Amid the stabilisation of the ruble exchange rate and
months (SAAR)*, % (right-hand scale)
* SAAR – seasonally adjusted annualised rate.
Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange.
Inflation Expectations and Consumer Sentiment
3 No.
In recent months, exchange rate fluctuations dropped compared to summer 2023. The growth
rates of goods prices demonstrating different sensitivity to exchange rate dynamics converged
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24.05.2024
persistent tight monetary policy have contributed to the stabilisation of the ruble exchange rate. The trend towards deterioration of correspondent relationships with non-resident banks in
Work in 2023:
14 Results in Brief
BOX 2
Ruble exchange rate
The exchange rate of the ruble is floating, which increases the economy's