The Central Bank determined official exchange rates based on over-the-counter transactions for the first time

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For the first time since the imposition of sanctions on the Moscow Stock Exchange, the Bank of Russia has set official exchange rates. Officially published information Web site The central bank.

After the introduction of sanctions, exchange rates were based on reporting data from credit institutions based on the results of interbank conversion transactions carried out in the over-the-counter foreign exchange market.

According to the latest data, the dollar exchange rate decreased by 81 kopecks to 88.21 rubles, and the euro rate decreased by 91 kopecks to 94.83 rubles.

June 12 US Treasury reportedImposing sanctions against the Moscow Stock Exchange and the National Clearing House, which act as intermediaries in foreign exchange transactions on the site. NCC is part of the Moscow Exchange and National Settlement Depository (NSD) group.

Later Moscow Stock Exchange statedIt will halt trading in US dollars and euros from June 13 due to US sanctions. It was emphasized that the exchange “has all the necessary tools” to ensure uninterrupted trading in conditions of increased volatility, including separate auctions and mechanisms to promptly change risk parameters.

previously economist clarifiedWhether the Central Bank is ready for US sanctions on the Moscow Stock Exchange.

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