Russian Central Bank Raises Ruble’s Exchange Rate Against Major Currencies

Business

Moscow: The Russian Central Bank set the exchange rates of major currencies against the ruble on Thursday, lowering the US dollar exchange rate by 11 kopeks compared to the previous day's rate, reaching 80.9448 rubles. According to Yemen News Agency, the official euro exchange rate was reduced by 15 kopeks, reaching 93.7804 rubles, while the Chinese yuan exchange rate was lowered by 4 kopeks, reaching 11.3434 rubles. This adjustment is part of the Central Bank's ongoing efforts to manage the ruble's value against major global currencies, reflecting changes in the international economic landscape. The adjustments come amidst fluctuating global market conditions, impacting currency valuations and exchange rates.