On Wednesday, November 20, the official exchange rate of the dollar surpassed 100 rubles for the first time in a year, as reported on the Bank of Russia's website.

Compared to the previous day, the American currency increased by 9.18 kopecks, reaching 100.03 rubles. The euro (+27.32 kopecks) and the Chinese yuan (+1.47 kopecks) also experienced slight gains.

The last time the official exchange rate of the dollar crossed the 100 ruble mark was in mid-October 2023.

According to the Central Bank of Uzbekistan, on Wednesday the official exchange rate of the ruble hit a minimum not seen since October 23 of last year, amounting to 128.3 sums, which is 32 tiyin lower than the day before. Since June 20, the Uzbek sum has strengthened against the Russian currency by over 15%.

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Among the key factors influencing the ruble's exchange rate, analysts highlighted the worsening situation regarding the availability of yuan in the interbank market, oil prices, and a stable influx of export earnings, as well as capital outflow, a reduction in foreign investments in Russia, the volume of domestic demand, and import costs.

RBC notes that since mid-June, the Central Bank of Russia has been using bank reporting data on transactions in the over-the-counter currency market as of 3:30 PM Moscow time on the current working day to calculate the official exchange rates for the dollar and euro.

Earlier, Spot reported that the official exchange rate of the dollar first exceeded 12,840 sums.