Yuan rate rises to highest level since May 21

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The yuan exchange rate has exceeded 12.5 rubles. The Chinese currency has risen above this level for the first time since May 21. This is evidenced by data from the Moscow Exchange.

The maximum daily amount was 12.55 rubles per yuan. As of 13:32 Moscow time, the exchange rate was 12.48 rubles per yuan.

On Wednesday, the dollar was traded in the range of 87-89.2 rubles. The euro was traded in the range of 96.18-98.73 rubles.

In September, the ruble may be supported by a further increase in the key rate by the Central Bank of the Russian Federation. notes Portfolio manager of the Management Company “Pervaya” Maxim Fedosov. The meeting of the Central Bank of Russia will take place on September 13. Economists to give permissionThe regulator said it would raise that rate to 20% annually.

Fedosov also added that in the long term, the strengthening of the Russian currency will be facilitated by solving problems with international payments. Predictions According to economists, the situation will begin to resolve in 2025.

Previously an expert guess Dollar exchange rate after US presidential election.

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