Business · Markets · 8 hrs ago
Ruble’s real effective exchange rate fell 2.4% in September
Russia’s Central Bank said the ruble’s real effective exchange rate fell 2.4% in September.
This measure adjusts the ruble’s value against currencies of Russia’s main trading partners for inflation and their shares in the country’s foreign trade.
The rate was down 7.4% since the start of 2026.
In September, the ruble’s inflation-adjusted rate fell 2.3% against the US dollar and 2% against the euro compared with August.
Over the year to September, it lost 6.6% against the dollar and 5.2% against the euro.
The figures show the ruble weakened against key trade currencies, though the measure is not a direct comparison with a single currency.
The Central Bank’s data gives a monthly view of changes in the ruble’s value relative to Russia’s trading partners.
The ruble’s real effective exchange rate fell 2.4% month on month in September 2026, according to Central Bank data reported by TASS.
The rate was down 7.4% since the start of 2026.
In September, the real effective ruble rate fell 2.3% against the dollar and 2% against the euro.
Over the year to September, the ruble lost 6.6% against the dollar and 5.2% against the euro.
The measure accounts for inflation and the currencies of Russia’s main trade partners, weighted by their shares in Russia’s foreign trade.
- Who
- The ruble.
- What
- Its real effective exchange rate fell 2.4% month on month.
- When
- September 2026.
- Where
- Russia’s exchange rate data; the rate covers currencies of Russia’s main trade partners.
- Why
- Not stated
This story does not have two clearly opposing sides.
The ruble’s real effective exchange rate fell 2.4% month on month.
TASS reported the Central Bank data.
- Monthly change
- Down 2.4% in September 2026
- Change since start of year
- Down 7.4%
- Dollar rate
- Down 2.3% month on month in September
- Euro rate
- Down 2% month on month in September
- Year-on-year dollar change
- Down 6.6% over the year to September