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Real effective exchange rate of ruble up 0.8% in March — Central Bank

The real effective ruble rate edged down by 0.3% against the dollar and dropped by 0.8% against the euro

MOSCOW, April 12. /TASS/. The real effective exchange rate (REER) of the ruble against currencies of Russia’s main trade partners adjusted for inflation ticked up by 0.8% month on month in March 2024, according to data released by the Central Bank.

The rate edged up by 0.6% annually in January - March 2024.

In March 2024, the real effective ruble rate edged down by 0.3% against the dollar (down 0.9% from the year start) and dropped by 0.8% against the euro against the prior month (up 0.4% from the year beginning).

The rate is computed on the basis of rates of Russia’s key trading partners in accordance with shares of these countries in the national foreign trade turnover.

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Central Bank of Russia

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