Currencies

The Central Bank of Russia lifted the key rate by a whopping 200 b.p. to an eye-popping 15%.

October 27, 2023

1233

Today the Bank of Russia raised its key rate by 1 percentage point to 13% per annum, along with its inflation forecast for the end of 2023 to 6-7% against the previous estimate of 5-6.5%.

September 15, 2023

1230

Russian ruble is trading below 80 against USD and close to 87 against EUR – for the first time since April 4, posting around 2.5% daily increase after CBR’s scheduled meeting and Chairwoman Elvira Nabiullina’s comments.

April 28, 2023

1351

The U.S. dollar extended its losses against the Russian ruble on Friday, May 20, dropping to the lowest level since April 2018, while the euro landed at its weakest point against Russia's currency since mid-2017.

May 20, 2022

1166

Restrictive measures for the purchase of foreign currency for individuals and legal entities

March 14, 2022

1720

On February 28 the Central Bank of Russia suddenly hiked its key refinancing rate from 9.5% to 20% saying “external conditions for the Russian economy have changed dramatically.

February 28, 2022

1135

The Russian ruble is trading near the 71.90 level against USD after reaching its 1 ½ years minimum on Monday, October 11, having strengthened against the dollar to 71.787, but intraday USDRUB dropped to 71.55 rubles, the 2021 minimum.

October 12, 2021

1936