✉news BusinessBanking first seen 20 h ago, last 19 h ago, peak #24
Russian central bank lowers official exchange rates for major currencies
Original: Russian central bank lowers exchange rates for major currencies against ruble
Russia's central bank has lowered the official exchange rates it sets for major currencies against the ruble. The move affects the daily rates used across Russia's financial system for accounting, taxation and currency conversion. It comes amid ongoing volatility in the ruble, which has faced pressure from sanctions, energy export fluctuations and shifts in foreign trade flows since 2022.
Why now: Traders and businesses are watching ruble volatility and central bank currency policy closely.
Central Bank of RussiaRussian ruble
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