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Ruble’s real effective exchange rate down 0.1% in April — Bank of Russia

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

MOSCOW, May 20. /TASS/. The real effective exchange rate (REER) of the ruble against currencies of Russia’s main trade partners adjusted for inflation slipped by 0.1% in April month-on-month, according to data provided by the Central Bank.

Meanwhile, in annual terms the ruble’s real effective exchange rate in January-April added 0.6%.

The ruble’s real effective exchange rate against the dollar decreased by 1.5% in April and by 2.5% year-to-date, whereas the ruble’s exchange rate against the euro went up by 0.1% and by 0.6%, respectively.

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