Russians can buy foreign currency in cash at the most favorable rate during the active working hours of the Moscow Stock Exchange. About this RIA Novosti said In Tinkoff and Zenit banks.
Currently the exchange rate is close to the exchange rate. Tinkoff Bank announced that at some points during the operation of its trading platform, the dollar rate was plus 1% relative to the exchange rate, and the euro was plus 3%.
Currency trading on the Moscow Exchange takes place from Monday to Friday from 7:00 to 19:00 Moscow time. After that, banks determine the less profitable “night tariff”. Also valid on weekends.
“During this period, banks widen the differences between buying and selling interest rates. [валюты]”, noted the Zenit press service.
In other words, the difference between the buying and selling rates of the foreign currency grows.
Zenit announced that customer transactions after 19.00 Moscow time will be covered by the bank at a previously unknown exchange rate on the stock exchange the next day, therefore credit institutions insure exchange rate risks.
At the close of trading on the Moscow Stock Exchange on October 27, the dollar was worth 94,125 rubles and the euro was worth 99,575 rubles. Assuming that the scenario described by Tinkoff Bank took place that day, the Russians would be able to buy American money for 95 rubles and European money for 102.6 rubles.
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