On October 19, the dollar rate on the Moscow Stock Exchange fell below 97 rubles for the first time since October 12. This is evidenced by trading data in the currency section of the Moscow Exchange.
As of 17:24 Moscow time, the dollar fell to 96.81 rubles (-0.59% compared to the close of the previous session). As of 18:38, the American again exceeded the 97 ruble limit and consolidated at 97.08 rubles. Previously, the Central Bank reduced the official dollar rate by 6.5 kopecks on October 20. up to 97.3 rubles, and euros – up to 28 kopecks. Up to 102.62 rub. According to the regulator, the real effective exchange rate of the ruble for January-September 2022 decreased by 29.7%.
Last week, Russian President Vladimir Putin signed Decision on the sale of part of foreign exchange earnings by exporters in order to increase the predictability of the foreign exchange market. According to the forecast of the Ministry of Economic Development, the ruble will increase by the end of 2023. strengthen About 94 rubles per dollar. Inflation is expected to slow to 4.5% by 2024 and 4% by 2025. This will contribute to further stabilization of the ruble exchange rate.
It was not available in Russia before excluded Return the dollar exchange rate to 60 rubles.