The Central Bank of the Russian Federation reduced the official dollar rate over the February 10–12 window, a change documented on the regulator’s own site. This adjustment is part of the bank’s ongoing effort to align the ruble with evolving market conditions and domestic policy goals as reflected in its daily publishing routines.
On that day, the American currency was set at 90.89 rubles. By comparison, the prior day closed at 91.25 rubles, signaling a mild strengthening of the ruble against the dollar in this specific update. Meanwhile, the official euro rate declined from 98.35 rubles to 97.94 rubles, indicating a shift in cross-border valuations that often accompanies shifts in global risk sentiment and local economic indicators. (Source: regulator’s published exchange rate table)
In separate movements, the Chinese yuan posted a rate of 12.54 rubles, slightly lower than 12.63 rubles observed on February 9. Such movements are typical in periods of incremental adjustment, where regional currency trajectories reflect both domestic policy signals and international market factors. (Source: regulator’s published exchange rate table)
Trading activity on Friday showed the dollar briefly jumping to 93.53 rubles on the Moscow Stock Exchange, marking the highest intraday level seen since December 7, 2024. The rally occurred around 14:15 Moscow time and was followed by a rapid retracement. By 17:12, the dollar traded near 90.95 rubles, up about 0.12 percent for the session. This intraday volatility highlights the sensitivity of the ruble to short-term news flows and intraday liquidity dynamics, which can produce sharp moves even within a single trading day. (Source: market data releases and exchange feed)
Commentators weighed in on the episode, with Alexander Bakhtin, who previously served as an investment strategist at BCS World of Investments, noting the influence of the widely covered interview between American broadcaster Tucker Carlson and Russian President Vladimir Putin on market perceptions of Russia’s currency. The analyst suggested that such high-profile media events can shape trader expectations and contribute to rapid shifts in sentiment that show up in currency quotes. (Source: market commentary and institutional analysis)
Looking ahead, some economists hinted at the possibility of the dollar heading toward the next target range depending on upcoming data releases and policy signals. The emphasis remains on how monetary policy actions, external finance conditions, and domestic economic indicators will interact to guide the ruble’s path in the near term. (Source: macroeconomic commentary and official briefings)
Earlier analyses pointed to the risk of further volatility if external conditions shift or if domestic fundamentals change, but the central bank continues to monitor liquidity and exchange rate stability closely. The ongoing dialogue between policy decisions and market responses remains a focal point for investors and observers watching the ruble’s behavior in the currency markets. (Source: financial commentary and regulator updates)