The real effective exchange rate of the ruble fell by 20.3% in the January-June period. Bank of Russia.
In June compared to May, the real effective exchange rate of the ruble against the basket of currencies of states, Russia’s main trading partners, fell by 3%, according to the regulator’s data.
In just six months, the real effective exchange rate of the Russian currency fell by 20.3%.
Before that, the Central Bank of Russia warnedHe is of the opinion that the depreciation of the ruble may have a stronger impact on the country’s prices in the near future. Now the effect of the weakening of the ruble is less noticeable than usual.
central bank analysts Completed Forecast of wages and ruble exchange rate for 2023 and 2024.
In Russia in 2023 and 2024, nominal wages will increase by 10% (+0.3) and 7.9% (+0.7), real wages will increase by 4.2% and 2.3%, respectively.
former Central Bank declaration about a possible increase in key rate.