-7.5 C
Moscow
Wednesday, December 7, 2022
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SANCTIONS CONTEXT

CURRENCY EXCHANGE RATES

RUB - Russian Ruble
EUR
65.8122
USD
62.9150

LATEST MARKET STUDY

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Russian Academy of Sciences commented on exchange rate dynamics

The higher exchange rate of the ruble is useful for curbing inflation, but it negatively affects the export revenues of the state budget and the competitiveness of Russian industries abroad, according to the Institute of Economic Forecasting of the Russian Academy of Sciences. The exchange rate of 60 to 65 RUB per USD can be considered a balanced one, economists say.

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