Ruble weakens after Finance Ministry announces foreign exchange transactions
News of the resumption of foreign exchange transactions under Russia's budget rule in May has put pressure on the national currency. The ruble has begun to weaken.
News of the resumption of foreign exchange transactions under Russia's budget rule in May has put pressure on the national currency. The ruble has begun to weaken.
The dollar exchange rate on Forex has dived below 76 rubles, according to ICE (a composite index of several forex brokers).
The dollar fell, while the euro and yen rallied on Wednesday after U.S. President Donald Trump agreed to a two-week ceasefire with Iran.
The price of gold futures for delivery in February 2026 on the Comex exchange (a division of the New York Mercantile Exchange) reached a new all-time high, surpassing the level of $4,850 per troy ounce, according to trading data.
The dollar and euro exchange rates on the Russian interbank market soared this morning, with the dollar surpassing 81 rubles and the euro rising above 95 rubles.
Russian Finance Minister Anton Siluanov has expressed the view that the ruble's current exchange rate may persist into the future, describing it as balanced.
The euro exchange rate on the Moscow Exchange dropped below 90 rubles, a level last seen in July of this year.
The bank believes the exchange rate could reach around 90 rubles per dollar by the New Year
Fluctuations in the ruble exchange rate are occurring at fairly strong levels, so it is not worth talking about a systematic weakening of the exchange rate, Russia's Central Bank Deputy Governor Alexei Zabotkin said.
The euro exchange rate in the Russian interbank market has surpassed 100 rubles for the first time since February 12, 2025, according to trade data.
The US currency continues its upward trend for the second consecutive day. The day before, it rose above 80 rubles for the first time in a month and a half, while today it exceeded 82 rubles.
The U.S. dollar is showing a 1.21% increase on the Russian interbank market, climbing above 80 rubles, according to data from the Finam trading platform.
The European and Chinese currencies also rose
Bitcoin reached a record price during Thursday's trading session, surpassing $112,000 for one bitcoin for the first time.
By the end of 2025, the dollar exchange rate may rise to 100 rubles per USD again. VTB is targeting "three-digit" figures.
The exchange rate of the U.S. dollar dropped below 81 rubles for the first time since June, 19, 2024. As of 10:26 Moscow time, the dollar exchange rate declined by 1.35 ruble, reaching 80.74 rubles. …
On Thursday, the dollar rate continued to fall, dropping below 87 rubles in the evening. It is the lowest level since September 4 last year.
The dollar to Turkish lira exchange rate reached 36 lira today, marking an all-time low for the national currency.
The Bank of Russia has published the exchange rates of foreign currencies for tomorrow, raising the dollar and euro rates for the second day in a row.
The Prime Minister of Georgia has urged citizens not to worry about the recent fall of the lari. According to Irakli Kobakhidze, there is nothing unusual in the weakening of the national currency.