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groups of goods and services were less significant. Exchange rate In November 2023, the monthly average exchange rate of the ruble strengthened against the three

of machinery due to an increase in its price amid the foreign exchange rate fluctuations in the third quarter this year. According to a large

on current inflation is becoming increasingly weaker. The decline in the ruble exchange rate that had occurred in summer was translating into prices quite fast.

restrictions can further weaken demand for Russian exports, contributing to inflation through exchange rate movements. In addition, the increasing complexity of production and supply chains

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