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Exchange rate
In August 2023, the depreciation of the ruble against the three main traded foreign currencies
slowed down month-on-month. Over the month, the exchange
the exchange rate pass-through to consumer prices made itself felt more
strongly. The stocks of imported goods purchased earlier at a more beneficial exchange rate
SEGMENTS
1. Exchange rate (foreign exchange channel)
The ruble continued to depreciate over August. By the end of the month, the ruble exchange
rate was
materials (vaccines, seeds, spare parts for agricultural machinery) dependent on
the foreign exchange rate.
TOURISM. The tourist flow in Volga-Vyatka during the summer months exceeded
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15.09.2023
ruble exchange rate.
Contrary to popular belief, the currency composition of export payments as such does not put any notable impact on exchange rate movements.
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restrictions can further weaken demand for Russian exports, contributing to inflation through exchange rate movements. Moreover, the increasing complexity of supply chains and payments due
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
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 68
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 70
3.2.3. Official Exchange Rate:
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exchange rate for the funds credited to the account before 9 September 2022. Funds placed after 9 September 2022, should be withdrawn at the exchange
the ruble exchange rate. Thus, the exchange rate reached 137.85 rubles per
US dollar in exchange trading, while the OTC market rates significantly