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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:

against the ruble in Q1 2022, which proves the correlation between the exchange rates and the frequency of use of FPSPs’ EMPs for making payments

to exchange rate movements eased in October, coming in below the median of price rises in components showing low sensitivity to the exchange rate (Figure

owing to changed expectations of market participants for the key rate path. The Moscow Exchange Index edged down by 1.1% amid oil price adjustments,

to and secured by the fiat currency and have their own variable exchange rate. See Boxes 3 and 4 for more detailed information on the

access to payment infrastructure in ‘toxic’ currencies The volatility of the ruble exchange rate in Q2-Q3 2023 was driven by the reduction in the current

market decreased, that is, smaller foreign currency purchases started to influence the exchange rate more strongly. Consequently, the ruble weakened by 21% over June-September. Nevertheless,

exchange rate or the pace of its movements nor conducts foreign exchange operations to influence the dynamics of the exchange rate. The floating exchange rate