Ruble Strengthens by 0.2% on Interbank Market on Wednesday

09:21; 07 October 2026 year

### Russian Ruble Strengthens by 0.2% on Interbank Market Wednesday On the interbank market on Wednesday, the Russian ruble (RUB) is strengthening within 0.2%. The ruble to Chinese yuan (CNY/RUB) exchange rate is trading at 12.70 rubles per yuan. The USD/RUB pair is trading at 85.53 rubles per U.S. dollar. It is worth noting that the 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 foreign exchange market. This change, introduced by Bank of Russia Regulation No. 6956-U, aims to enhance the representativeness of official exchange rates given the growing volume of over-the-counter transactions. Additionally, the regulation provides for the possibility of calculating exchange rates through cross-rates if trading data for certain currency pairs becomes unavailable. Starting June 8, 2026, the Bank of Russia has changed the calculation method for the official euro-ruble (EUR/RUB) exchange rate. Instead of relying on direct euro-ruble trading quotes, the CBR will now use a cross-rate calculation based on data from the European Central Bank (ECB). The new methodology follows the formula: EUR/RUB = USD/RUB × EUR/USD (ECB data). This overview was presented by Alexei Grishchenko, Ph.D., Professor of Operational and Sectoral Management at the Faculty of Higher School of Management, Financial University under the Government of the Russian Federation.

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