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Russian Central Bank Cuts Currency Rates

Russian Central Bank Cuts Currency Rates

The Russian Central Bank lowered the exchange rates of the main currencies against the ruble today, with the US dollar decreasing by 7.85 kopecks to reach 78.4756 rubles. The euro also declined by 15.24 kopecks to 89.6034 rubles, and the Chinese yuan fell by 3.09 kopecks to 11.5782 rubles. This adjustment is part of the bank's policy to support the ruble and address economic fluctuations, aiming to improve the balance between foreign currencies and the ruble.

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