Traffic to websites related to exchange rates increased one and a half times on November 25-26 compared to the same period in October. Analysts from financial market Compare came to this conclusion.
“At the same time, Russians’ greatest interest is in the Chinese yuan; traffic doubled compared to the same period in October. In terms of traffic growth, it is followed by the Japanese yen (+75%), the Armenian drama (+66%), the dollar (+53%) and the euro (+18%). Against the background of news about the increase in exchange rates, Russians began to more often study the correlation of exchange rates with foreign currencies. Analysts noted that this could be due, among other things, to preparations for the upcoming holiday season.
On November 28, the yuan exchange rate on the Moscow Stock Exchange rose to 14.8 rubles. Dollar and euro exchange rates in the over-the-counter market fell from Wednesday’s highs of 114 rubles and 120 rubles to 108-109 rubles and 113-116 rubles, respectively, on Thursday. On November 29, the dollar and euro strengthened slightly, costing just over 109 rubles and 114 rubles respectively.
Candidate of Economic Sciences, Associate Professor of the Department of Public Finance at the University of Finance of the Government of the Russian Federation Igor Balynin in the name Russians do not pay attention to the rise in the dollar exchange rate. The economist said that for the majority of Russians, any exchange rate of the American currency is acceptable.
The Department of Energy has seen surpluses before. feelings in the foreign exchange market.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.