The ruble exchange rate, which began trading on October 18, is growing weakly against the dollar and falling against the Chinese yuan. This is proven by: data Moscow Stock Exchange.
Thus, in “tomorrow” calculations, as of 07.04 Moscow time, the exchange rate of the American currency decreased by 1 kopeck to 97.69 rubles, and the yuan increased by 2 kopecks to 13.34 rubles.
At the very beginning of trading, the US dollar fell to a maximum of 97.55 rubles.
The day before the official yuan exchange rate on October 18 made 13.29 rubles, the dollar increased to 97.4 rubles.
October 11, Minister of Economic Development of the Russian Federation Maxim Reshetnikov in the State Duma statedThe share of the US dollar in Russia’s international payments has fallen threefold since last year. According to him, in the period under review “the importance of the ruble doubled.” In addition, during this period, the share of friendly countries in Russian exports doubled.
Previously recognizedHow will the weakening of the ruble affect the state of the economy?