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Real effective exchange rate of ruble up 5% in June — Central Bank

In June 2024, the real effective ruble rate edged up by 3.7% against the dollar and added 4.1% against the euro

MOSCOW, July 12. /TASS/. The real effective exchange rate (REER) of the ruble against currencies of Russia’s main trade partners adjusted for inflation gained 5% month on month in June 2024, according to data released by the Central Bank.

The rate surged by 8.2% annually in January - June 2024.

In June 2024, the real effective ruble rate edged up by 3.7% against the dollar (+4.3% from the year start) and added 4.1% against the euro against the prior month (up 6.7% 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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