The dollar exchange rate on the Forex currency market on Friday, December 27, exceeded 107 rubles, testify trading data. Euro at its highest in the last 24 hours traded above 110 rubles.
The dollar exchange rate on Forex exceeded 107 rubles
Author: Bogdan Muzychenko
At the time of publication (14:06 Moscow time), the American currency was worth 106.996 rubles, rising by 7.2 rubles compared to the previous close. The European currency was worth 107.77 rubles (+3.55 rubles).
On the interbank market, the dollar exchange rate on December 27 exceeded 104 rubles, euro at the maximum for the day it was worth it 109.3 rubles. Previously the Central Bank installed The official dollar exchange rate for Friday is 99.23 rubles, the euro is 103.3 rubles.
The ruble is becoming cheaper amid the decision of the Bank of Russia to change the procedure for setting official exchange rates to the Russian currency. From December 27, the regulator will calculate rates based on combined data from the exchange and over-the-counter segments of the foreign exchange market. The Central Bank explained that this should “increase the representativeness of official rates.”
Chief economist of T-Investments Sofya Donets, commenting on the dynamics of the ruble, notedthat the Forex market is “quite specific”, and the exchange rate of the national currency “could be affected by the closure of spot positions on foreign exchange instruments.” “Most likely, the current dollar dynamics are temporary. We maintain our forecast for 2025: 99-106 rubles per dollar, 13.7-14.5 rubles per yuan,” the expert added.
On December 6, the American currency on Forex fell below the psychological mark of 100 rubles for the first time since mid-November, when the ruble collapsed after the introduction of US sanctions against Gazprombank and other Russian credit institutions.
On December 5, the head of the Ministry of Finance Anton Siluanov in a conversation with journalists statedthat the Russian currency exchange rate should stabilize in the coming weeks. The minister confirmed that the “situation with the ruble” arose due to sanctions against Gazprombank, which was the main participant in foreign trade settlements.
Cover photo: Gianfranco Vivi / Shutterstock
Source: rb.ru
