Ruble closes trade with new strength against foreign currencies

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In the evening, the ruble began to grow again. As of 18:32 Moscow time, the ruble strengthened again and rose to 96.31 (+1.16%) against the dollar. As of 18:59, the dollar rate decreased to 97.09 rubles. This is proven by data Moscow Stock Exchange.

At the same time, the ruble rose 1.6% against the euro to reach 105.34 rubles per euro. As of 18:59, the exchange rate was 106.01. The Chinese currency also weakened against the ruble to 13.2 rubles (-1.35%). At the close of the transaction, the yuan managed to regain only 5 kopecks, making the closing around 13.25 rubles.

This is the second time the Russian currency has strengthened in one day. At the start of trading on August 15, the US currency fell 5.18% to 92.6 rubles. Euro fell 2.89% to 104.04 rubles in morning trades.

Sharp jumps in rates were caused by the extraordinary meeting of the Central Bank of the Russian Federation. raised The key rate just above 350 bps is up to 12% to limit risks to price stability. Later, in an expanded statement, the regulator knowledgeableIf necessary, it may continue to tighten its monetary policy in the future.

Formerly an economist announcedwhich categories of citizens will be affected by the increase in the key rate.

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