The euro exchange rate on the Moscow Stock Exchange exceeded 100 rubles for the first time since March 2022, the State Duma proposed to ban markets from charging a commission to the buyer for the return of goods and other news on July 6.
Finance
- The dollar exchange rate during trading on the Moscow Stock Exchange rose to 92.5 rubles, the euro reached 100 rubles for the first time since March 2022.
- The yuan confidently ranked first in terms of currency trading, outperforming the US currency. However, in the over-the-counter market, the Chinese currency is significantly inferior to the dollar, even despite the increase in its share, writes Kommersant.
- The digital ruble will be available for use by citizens in 2025-2027, Olga Skorobogatova, First Deputy Chairman of the Central Bank, said in an interview with Forbes.
Business
- The State Duma proposed to prohibit markets from charging a commission to the buyer for the return of goods. It is proposed to impose the cost of refusing to buy from the seller.
- Retailers asked to match the fee for accepting card payments in Russia. This will extend the discounts on the products. They now range from 1.5 to 3%, which is significantly higher than the global average.
- 49% of entrepreneurs face problems when applying for a loan. Banks refuse to lend to a company due to its short lifespan, lack of liquid collateral, or low income.
- Last year, the price of international airfare to popular destinations skyrocketed in early summer. This year, there were more flights and routes, the hype also subsided, so in early summer 2023, ticket prices began to decline, writes RBC.
Author:
RB team
Source: RB
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