Ruble weakens by up to 0.3% against major currency pairs in interbank trading

11:24; 02 July 2026 year

### Ruble Slips Marginally on Interbank Market The ruble is experiencing minor losses of around 0.3% against major currency pairs on the interbank market. On Thursday, the ruble is trading at 11.57 rubles per Chinese yuan (CNY/RUB). The USD/RUB pair is trading at 80.29 rubles per U.S. dollar. It is worth noting that the Central Bank of Russia (CBR) will set official exchange rates for foreign currencies against the ruble starting December 27, 2024, based on consolidated data from both exchange and over-the-counter segments of the currency market. This move, outlined in CBR Regulation No. 6956-U, aims to enhance the representativeness of official rates amid growing volumes of over-the-counter transactions. Starting June 8, 2026, the CBR adjusted its methodology for calculating the official euro-ruble exchange rate. Instead of relying on direct euro-ruble trading quotes, the CBR now calculates the rate using a cross-currency formula: EUR/RUB = USD/RUB × EUR/USD (based on data from the European Central Bank). This overview was prepared by Alexey 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.

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