Tag: banks exchange rate
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Economists explained the strengthening of international currencies against the ruble
Part of the depreciation of the ruble against the dollar and the euro is due to the “low base” effect, Ekaterina Bezsmertnaya, dean of the Faculty of Economics and Business at the Financial University under the Government of the Russian Federation, told Izvestia on October 7. The expert noted that on September 30, the market…
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Analysts explained the decision of the Central Bank to develop additional procedures for setting exchange rates
The decision of the Central Bank (CB) of the Russian Federation to develop additional procedures for establishing official exchange rates of foreign currencies against the ruble is due to the risks associated with a potential halt in free exchange trading in the same dollar on the Moscow Exchange in the previous format. Vasily Karpunin, head…