The Bank of Russia set the official dollar exchange rate on January 15 at 103.4380 rubles for the first time since December 20, 2024, that is, for the first time in 2025. The euro exchange rate was 106.2493 rubles, should from information on the regulator’s website.
The Central Bank set the dollar exchange rate above 103 rubles for the first time in 2025
Author: Bogdan Muzychenko
On the interbank market as of 21:52 Moscow time on January 14, the American currency cost 102.68 rubles, and the European bargained 105,749 rubles each.
After the introduction of US sanctions against the Moscow Exchange, the Central Bank set dollar and euro rates based on bank reporting data on transactions on the over-the-counter foreign exchange market.
At the end of December 2024, the regulator changed the installation procedure to “increase the representativeness” of the courses. Since then, the Central Bank has relied on combined data from the exchange and over-the-counter segments of the foreign exchange market.
In January, the Bank of Russia resumed purchasing foreign currency on the domestic market as part of mirroring the Ministry of Finance’s operations related to the fiscal rule. Operations on the foreign exchange market have been suspended since November 2024 amid a sharp weakening of the ruble.
Cover photo: rsooll /
Source: rb.ru
