Business · Markets · 2 days ago
Bank of Russia sets dollar rate at 84.9048 rubles for October 10-12
The Bank of Russia set its official exchange rates for October 10 to 12.
One US dollar will be valued at 84.9048 rubles, down 51.25 kopecks from the previous rate.
The official euro rate was set at 94.9745 rubles, while the yuan rate was set at 12.6739 rubles.
Both rates also fell from their previous levels.
The Central Bank says it calculates the official dollar and euro rates using banks’ reports on transactions in the over-the-counter currency market.
These figures are the bank’s official rates for the three-day period.
The Bank of Russia set the official dollar rate at 84.9048 rubles for October 10-12.
The rate was down 51.25 kopecks from the previous indicator.
The official euro rate was set at 94.9745 rubles, down 49.64 kopecks.
The official yuan rate was set at 12.6739 rubles, down 5.81 kopecks.
The Central Bank said it sets official dollar and euro rates using reports on over-the-counter currency transactions by banks.
- Who
- The Bank of Russia.
- What
- It set the official dollar rate at 84.9048 rubles, alongside new official euro and yuan rates.
- When
- The rates apply from October 10 to 12. The announcement was published on October 9.
- Where
- Moscow.
- Why
- The Central Bank said dollar and euro rates are set using bank reports on over-the-counter currency market transactions.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
The Central Bank said it would set official dollar and euro rates using bank reports on over-the-counter currency market transactions.
The Bank of Russia set official currency rates for October 10-12.
- Dollar rate
- 84.9048 rubles
- Dollar rate change
- Down 51.25 kopecks
- Euro rate
- 94.9745 rubles
- Yuan rate
- 12.6739 rubles
- Rate period
- October 10-12
Sources
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Russia’s official dollar rate falls to 84.9 rubles
