National currency strengthens within 0.3%

© Московская биржа

The national currency is strengthening within 0.3% against major currencies.

On the interbank market on Wednesday, the ruble to Chinese yuan CNY/RUB exchange rate is quoted at 11.37 rubles per yuan.

The USD/RUB pair is trading at 82.77 rubles per US dollar, while EUR/RUB is at 93.69 rubles per euro.

It is important to note that since June 13, 2024, the US dollar (USD/RUB) and euro (EUR/RUB) exchange rates are determined based on data from bank transactions, digital platforms, and over-the-counter trades. The Chinese yuan (CNY/RUB) exchange rate is determined based on transactions conducted on the Moscow Exchange.

Transaction data is aggregated from several sources:

- Data on trading operations in the currency market of the Moscow Exchange;

- Data on transactions provided by banks;

- Information obtained from digital platforms of the over-the-counter market;

- In the absence of data from the above sources, the exchange rate value is taken equal to the indicator of the previous day.

Overview presented by Yulia Grishchenko, member of the Expert Council of the Moscow Exchange Listing Committee, Ph.D. in Economics, Head of the Department of Financial and Investment Management of the Faculty "Higher School of Management" of the Financial University under the Government of the Russian Federation.