During the transaction on July 5, the dollar rate rose above 91 rubles for the first time since March 28, 2022. This is proven by data Moscow Stock Exchange.
As of 15:55 Moscow time, the dollar rate increased by 2.1% to 91.05 rubles.
At 16:01 Moscow time, the dollar was trading at 90.93 rubles (+1.96%). At the moment, the euro exchange rate was 99.17 rubles (+1.98%), which reached a record level since March 29, 2022. The yuan exchange rate was 12,531 rubles.
According to Vasily Koltashov, economist and director of the New Society Institute, the weakening trend of the Russian currency planned.
Prior to this, the financial analyst, candidate of economic sciences Mikhail Belyaev, stated that the current exchange rate of the ruble determined information history and rush request. According to him, the situation will begin to improve when “businessmen start to come out of their slumber and take action.”
July 4 Ksenia Yudaeva, First Deputy Chairman of the Central Bank of the Russian Federation declarationThe Central Bank of Russia said it does not see any risk to the financial stability of the country due to the depreciation of the ruble.
former Central Bank declaration about a possible increase in key rate.