Business · Markets · 11 hrs ago
Bank of Russia sets dollar rate at 80.6761 rubles for October 30
The Bank of Russia set the official dollar rate at 80.6761 rubles for October 30.
That was 19.03 kopecks lower than the previous rate.
The official euro rate also fell, by 34.93 kopecks, to 89.8167 rubles.
The yuan rate edged up by 0.28 kopecks to 12.0844 rubles.
These are official exchange rates set by Russia's central bank, which bases the dollar and euro rates on banks' reported over-the-counter currency transactions.
The new rates apply on October 30.
The Bank of Russia set the official dollar rate at 80.6761 rubles for October 30.
The rate was down 19.03 kopecks from the previous indicator.
The official euro rate fell by 34.93 kopecks to 89.8167 rubles.
The official yuan rate was set at 12.0844 rubles, up 0.28 kopecks.
- Who
- The Bank of Russia.
- What
- It set the official dollar rate at 80.6761 rubles for October 30.
- When
- The rates were announced on October 29 and apply on October 30.
- Where
- Moscow.
- Why
- The Central Bank said it fixes official dollar and euro rates based on banks’ reports on over-the-counter currency market transactions.
This story does not have two clearly opposing sides.
The Bank of Russia announced the official rates for October 30.
The new official dollar rate of 80.6761 rubles applies.
- Dollar rate
- 80.6761 rubles for October 30
- Dollar rate change
- Down 19.03 kopecks
- Euro rate
- 89.8167 rubles, down 34.93 kopecks
- Yuan rate
- 12.0844 rubles, up 0.28 kopecks