New Exchange Rate of Russian Ruble Against Dollar, Euro, and Yuan
The Central Bank of Russia set new exchange rates for July 18-20, raising the dollar by 9.06 kopecks to 78.3987 rubles, the euro by 57.02 kopecks to 89.8998 rubles, and the yuan by 4.63 kopecks to 11.5602 rubles. Kremlin spokesman said the economy faces challenges but remains stable.
The Central Bank of Russia today set the exchange rates of major currencies against the ruble, for the period from July 18 to 20.
It raised the US dollar exchange rate by 9.06 kopecks, compared to the previous day's rate, to reach 78.3987 rubles.
The ruble against major currencies
The bank raised the official euro exchange rate by 57.02 kopecks, to reach 89.8998 rubles.
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While it raised the Chinese yuan exchange rate by 4.63 kopecks, to reach 11.5602 rubles.
Russian economy
Two days ago, Kremlin spokesman Dmitry Peskov confirmed that the Russian economy is facing known challenges, but they have not reached a level that threatens its stability. He stressed that the macroeconomic situation remains stable, noting that the government and the Russian president are continuously monitoring the challenges facing the economy and are taking the necessary measures to regulate and improve the situation.
Original source: Al-Yaum
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