Dollar hits 78 rubles in OTC market for first time since April

© ООО «Региональные новости»

The USDRUB_TOM indicator on the Moscow Exchange has surpassed the 78 ruble mark for the first time in more than two and a half months. During trading, the instrument rose to 78.01 rubles, which is 2.12% higher than the previous closing level, according to RBC.

The last time a value above 78 rubles was recorded was on April 8, 2026. Earlier this week, the U.S. dollar was trading below the 74 ruble mark, but in recent days its growth rate has noticeably accelerated.

USDRUB_TOM is a calculated exchange indicator reflecting the cost of transactions in the dollar/ruble currency pair with settlements on the next trading day. Trades in this instrument are conducted in rubles from 10:00 to 19:00 Moscow time.

Trading in the dollar/ruble pair on the Moscow Exchange was suspended in June 2024 following the introduction of U.S. sanctions against the trading platform. Since then, dollar transactions have moved to the over-the-counter market, where deals are made directly between participants without the involvement of exchange infrastructure. Despite this, the USDRUB_TOM indicator continues to be used by the market as a benchmark for assessing the current value of the U.S. dollar.