At the end of Thursday’s trading, the dollar exchange rate decreased by 2.77 rubles, reaching 97.43 rubles. This is proven by data Moscow Stock Exchange.
In “tomorrow” calculations at 19:00 Moscow time, the yuan exchange rate fell by 41 kopecks to 13.30 rubles, and the euro fell by 3.68 rubles to 102.81 rubles.
Ruble exchange rate, which started trading on the Moscow Stock Exchange on October 12 has grown sharply Against the background of the Presidential decree on the compulsory sale of foreign exchange earnings of some exporters.
Alexander Isakov, Russia and Central and Eastern Europe economist at Bloomberg Economics statedIt was stated that to counter the short-term increase in foreign exchange sales, the decision to force some exporters to sell their foreign exchange earnings could return the dollar to ruble exchange rate to the “95-100 range”.
October 11, press secretary of Russian President Dmitry Peskov reportedHe said Putin signed a decree on the compulsory sale of foreign currency by some Russian exporters.
According to the Kremlin representative, the decree confirms the list of such exporters.
Previously recognizedHow will the weakening of the ruble affect the state of the economy?