Bank of Russia sets official dollar rate at 83.25 rubles for October 2
The central bank also lowered its official euro rate to 94.53 rubles for the same date.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
The Bank of Russia has set its official exchange rate for the U.S. dollar at 83.25 rubles for October 2, according to the central bank.
Alongside the dollar rate, the central bank lowered its official euro rate to 94.53 rubles for the same date. The figures represent the official rates used by the Bank of Russia for accounting and regulatory purposes rather than live market trading rates.
Daily rate-setting
The Bank of Russia publishes official exchange rates on a daily basis, reflecting movements in the broader currency market. The specific factors behind the latest adjustment to the dollar and euro rates were not detailed in the original report.
Exchange rate movements can be influenced by a range of factors including oil prices, international sanctions, trade flows, and broader macroeconomic conditions, though the report did not attribute the October 2 rate changes to any specific cause.
Further details on how the official rates compare to recent trading sessions were not included in the initial report.
Sources
- Bank of Russia sets dollar rate at 83.25 rubles for October 2 — TASS (Russia)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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