Ruble weakens marginally by 0.1% against major currency pairs in interbank trading

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12:26; 14 July 2026 year
Московская биржа

© Московская биржа

### Ruble Slips Slightly on Interbank Market Amid Major Currency Pairs The Russian ruble is trading slightly lower on the interbank market, losing about 0.1% against major currency pairs. On Tuesday, the ruble-to-Chinese yuan (CNY/RUB) exchange rate stands at 11.32 rubles per yuan. The USD/RUB pair is trading at 76.90 rubles per U.S. dollar. Starting December 27, 2024, the Central Bank of Russia (CBR) will set official foreign exchange rates based on consolidated data from both exchange and over-the-counter segments of the currency market. This move aims to enhance the representativeness of official rates amid the growing volume of off-exchange transactions. The changes are outlined in CBR Regulation No. 6956-U, which also allows for calculating exchange rates via cross-rates if data for certain currency pairs is unavailable. On June 8, 2026, the CBR adjusted its methodology for calculating the official euro-to-ruble (EUR/RUB) exchange rate. Instead of relying on direct euro-ruble quotes, the CBR now uses a cross-rate calculation based on data from the European Central Bank (ECB). The new formula is EUR/RUB = USD/RUB × EUR/USD (using ECB data). This overview was prepared by Alexei Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management at the Higher School of Management, Financial University under the Government of the Russian Federation.