OREANDA-NEWS The dollar exchange rate set by the Bank of Russia on July 31 was 79.8573 rubles. The relevant information is posted on the regulator's website.

As for the euro, it rose to 90.8776 rubles. The yuan rose to 11.8194 rubles.

As of July 30, the dollar was worth 79.3570, and the euro was worth 90.2051 rubles. In turn, the exchange rate of the Chinese currency was 11.7215 rubles.

Earlier it was reported that on July 29, the dollar-ruble exchange rate updated its highs in almost four months. It is assumed that the weakening of the Russian currency is caused by a decrease in the supply of export earnings after a single tax payment was made on the eve. In addition, concerns about the possible imposition of new anti-Russian sanctions by Washington have intensified after the vote in the US Congress.

According to analyst Spartak Sobolev, by the beginning of August, the dollar will fluctuate in the range from 75 to 80 rubles. He explained that the Russian foreign exchange market is currently receiving support due to the peak of tax payments by exporters.

There is also a forecast that a rise in the price of the dollar to 100 rubles is possible only if a stressful scenario is realized.