The Bank of Russia: From the beginning of the year the real effective exchange rate of the ruble fell by 5%

The real effective ruble exchange rate (for currencies of major trade partners of Russia, taking into account inflation) in June of this year rose by 2.9% compared with the figure for the previous month, but with the beginning of the year decreased by 5%, follows from materials of Bank of Russia. In annual terms during January – June 2020 the real effective ruble exchange rate fell to 1.8%. The Central Bank added that the real effective exchange rate of the ruble to the dollar in June grew by 5.2% compared to may, and from the beginning of the year decreased by 5.8%. The ruble against the Euro rose by 1.7% compared to the figure for may and fell by 7.9% since the beginning of the year, reports TASS.

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