On the Moscow Stock Exchange on May 15, the dollar exchange rate fell below 91 rubles, showing its lowest level since May 7. This is evidenced by trading data on the Moscow Stock Exchange.
As of 16:29 Moscow time, the dollar fell by 0.32% to 90.99 rubles. As of 16:41 Moscow time, the decline in the US currency slowed down to 0.11%, quotas were 91.19 rubles. At the same time, the exchange rate of the European currency immediately dropped to 98.62 (-0.08%), but by 16:41 it fully compensated for the losses, rising to 99 rubles per euro.
The Chinese yuan reached the local minimum of 12.56 but broke the 12.6 level a few minutes later, completely recouping its losses.
Previously, the Central Bank was in the “Analysis of Financial Market Risks” saidIt was stated that the decreasing dollar demand from banks and households in April was effective in the strengthening of the ruble. Banks and citizens bought less foreign currency and the biggest exporters increased their sales by 2% to $13.2 billion, according to the regulator. Average daily sales volume decreased by 3% to $628 million.
“These factors, together with tight monetary policy, supported the ruble, which strengthened against the dollar and weakened by only 0.6% during the month,” the review said.
Before that in Europe revised Forecasts for the Russian economy due to the boom in the defense industry.
Previously RTS directory updated Maximum from September 2022