The Bank of Russia set the official exchange rate of the US dollar for Wednesday, November 20, at 100.0348 rubles, according to data on the regulator’s website. The last time the official exchange rate of the American currency exceeded 100 rubles was in October 2023.

The Central Bank raised the dollar exchange rate above 100 rubles
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The euro exchange rate as of November 20, according to the Central Bank, is 105.7338 rubles, the yuan exchange rate is 13.7744 rubles.

Compared to November 19, the official dollar exchange rate increased by about 9 kopecks. On Tuesday it was 99.943 rubles, the euro exchange rate was 105.4606 rubles, the yuan was 13.7597 rubles.

Since June 2024, the Central Bank has set the official exchange rates of the dollar and the euro based on data from bank reports on transactions in the over-the-counter foreign exchange market. Before the introduction of sanctions against the Moscow Exchange, fees were set based on the platform’s data on currency transactions.

According to Finam, which publishes quotes on the Russian interbank market, the dollar exchange rate exceeded 100 rubles on November 14. That day, at its maximum, the American currency was trading at 100.72 rubles.

Author:

Timur Batyrov

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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