The Central Bank reduced the dollar rate to 74.89 rubles on March 1, amid the strengthening of the Russian currency exchange rate

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On March 1, 2023, the official exchange rate for the US dollar will be 74.89 rubles. This indicator decreased by 0.5391 rubles compared to the previous adjusted bar, reported on the currency issuer’s site.

For comparison, the official dollar exchange rate on February 28 was 75.43 rubles. The change occurred against the backdrop of the strengthening of the Russian currency against the United States while trading on the Moscow Stock Exchange.

The regulator also lowered the euro. The official figure will be 79.51 rubles. The euro determined by the Central Bank on the eve was at the level of 79.62 rubles.

The ruble exchange rate at the opening of trading on the Moscow Stock Exchange on February 28 affected for a sharp increase. For the American dollar, traders gave less than 74 rubles. A similar indicator has not been recorded on the stock market since February 20.

The euro also showed similar dynamics. The European currency’s rate fell below 78.48 rubles in the morning session. On the contrary, the exchange rate of the Chinese yuan rose above 10.6 rubles.

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