On Thursday, November 28, the official exchange rate of the ruble on the currency exchange reached a local minimum. This was reported by the Central Bank.
Within a day, the Russian currency depreciated by 2 sums and 17 tiyin. It is currently valued at 120.07 sums — the lowest since August 15, 2023. Since June 20, the ruble has lost more than 20% against the Uzbek sum.
Meanwhile, the American dollar has increased in value by 27.91 sums, reaching 12,848.38 sums. The euro gained 42.17 sums, totaling 13,512.64 sums.
A week ago, the official dollar exchange rate exceeded 100 rubles for the first time in a year. On November 28, the Bank of Russia set the dollar rate at 108.01 rubles, while the exchange rate of the Russian currency to the sum was 118.69.
As reported by RBC, today on the international Forex market, the dollar rate exceeded 114.5 rubles, and on the Russian interbank market, it approached this mark closely. Additionally, the yuan exchange rate on the Moscow Exchange has surpassed 15 rubles for the first time since March 29, 2022.
Among the main factors affecting the ruble's exchange rate, analysts highlighted the worsening situation regarding the availability of yuan in the interbank market, oil prices, and a steady influx of export revenue, as well as capital outflow, a reduction in foreign investment in Russia, the volume of domestic demand, and import costs.
RBC notes that since mid-June, the Central Bank of Russia has been using banking reporting data on transactions in the over-the-counter currency market as of 15:30 Moscow time on the current working day to calculate the official rates for the dollar and euro.
Previously, Spot reported that data from the Uzbekistan currency exchange is now available on Bloomberg.