Ruble down 0.5% against currency basket on Monday

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11:52; 22 June 2026 year
Московская биржа

© Московская биржа

### Ruble Slips by 0.5% Against Currency Basket on Monday On the interbank market on Monday, the following dynamics are observed: the ruble to Chinese yuan (CNY/RUB) is trading at 10.94 rubles per yuan. The ruble-dollar pair (USD/RUB) stands at 74.37 rubles per US dollar, while the euro-ruble pair (EUR/RUB) is trading at 86.16 rubles per euro. It is worth noting that the Bank of Russia, starting from December 27, 2024, sets official exchange rates of foreign currencies against the ruble based on consolidated data from both exchange and over-the-counter segments of the foreign exchange market. This move, outlined in Bank of Russia Instruction No. 6956-U, aims to enhance the representativeness of official rates in light of growing volumes of over-the-counter transactions. Since June 8, 2026, the Bank of Russia has modified the calculation of the official euro-ruble exchange rate. Instead of using direct quotes for the euro-ruble pair, the bank now calculates the rate through a cross-currency formula using data from the European Central Bank (ECB). The new methodology follows the formula: EUR/RUB = USD/RUB × EUR/USD (ECB data). This analysis was presented by Alexei Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.