Real effective ruble exchange rate falls by 1.6% in November — Bank of Russia
The real effective exchange rate of the ruble against the dollar in November fell by 2.8%, and since the beginning of the year - by 5%
MOSCOW, December 13. /TASS/. The real effective exchange rate of the ruble (against the currencies of Russia’s main trading partners, taking into account inflation) in November 2024 fell by 1.6% compared to the previous month, the Bank of Russia reported.
In annual terms, for January - November 2024, the rate fell by 2.2%.
The real effective exchange rate of the ruble against the dollar in November fell by 2.8%, and since the beginning of the year - by 5%. The decline against the euro compared to the previous month was 0.6% and 2.2% since the beginning of the year.
The effective exchange rate of the ruble is calculated based on the exchange rates of the currencies of Russia's main trading partners in accordance with the share of these countries in Russia’s foreign trade turnover.