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floating exchange rate regime. The Bank of Russia
sets no targets or limits for the level of the exchange rate. A floating exchange rate smooths
52
31.08.2026
announced a few years before the change.
Floating exchange rate of the ruble
A floating exchange rate smooths out the impact of external factors on
53
05.06.2026
Russia sets the official euro/ruble exchange rate based on the US dollar/ruble and euro/US dollar exchange rates set by the European Central
Official Exchange
Rates Against the Ruble are
Set by the Bank of Russia’
The list of foreign currencies for which
the official exchange rates against
55
26.03.2026
adjustment to exchange rate fluctuations amid the higher flexibility of the exchange rate.
Advantages of a floating exchange rate
A floating exchange rate functions as
56
12.01.2026
Bank of Russia no longer sets official exchange rate of Bulgarian lev against Russian ruble
12 January 2026
Press release
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Effective
57
12.01.2026
The list of foreign currencies, for which the official exchange rates against the ruble are set by the Bank of Russia
• Algerian Dinar
• Armenian Dram
58
12.12.2025
How official exchange rates are to be set during New Year holidays
12 December 2025
News
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On the last business day
59
08.07.2025
Bank of Russia to set official exchange rates of another 12 foreign currencies against ruble
8 July 2025
Press release
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The