18.12.2025, 18:51
The Central Bank lowered the dollar exchange rate
Source: OREANDA-NEWS
OREANDA-NEWS The leadership of the Central Bank lowered the official dollar exchange rate in Russia. This is evidenced by the data published on the regulator's website.
The quotes of the American currency on Friday, December 19, will amount to 80.03 rubles. For comparison, on December 18, the official dollar exchange rate in Russia was at 80.38 rubles. Thus, the regulator lowered the quotes of the world reserve currency by 35 cents. The official euro exchange rate, on the contrary, rose by 10 cents, from 94.15 to 94.25 rubles. The quotes of the Chinese yuan decreased by 4 cents — from 11.37 to 11.33 rubles.
A number of experts call the current ruble exchange rate excessively strong. They note that there are no fundamental prerequisites for such a balance of power in the currency pair with the dollar. The Central Bank, in turn, emphasizes that the current exchange rate generally reflects the real ratio of demand and supply of currency in the domestic market, and is also optimal for the Russian economy.
Andrey Kostin, the head of VTB, holds the opposite opinion on this issue. Earlier, he called the strong ruble harmful for both Russian exporters and the federal budget. In this scenario, the head of the financial institution emphasized, the state treasury is missing a portion of the proceeds that could go to support a number of problematic industries. Against this background, Kostin called the corridor of 90-100 rubles per dollar the best option.
The quotes of the American currency on Friday, December 19, will amount to 80.03 rubles. For comparison, on December 18, the official dollar exchange rate in Russia was at 80.38 rubles. Thus, the regulator lowered the quotes of the world reserve currency by 35 cents. The official euro exchange rate, on the contrary, rose by 10 cents, from 94.15 to 94.25 rubles. The quotes of the Chinese yuan decreased by 4 cents — from 11.37 to 11.33 rubles.
A number of experts call the current ruble exchange rate excessively strong. They note that there are no fundamental prerequisites for such a balance of power in the currency pair with the dollar. The Central Bank, in turn, emphasizes that the current exchange rate generally reflects the real ratio of demand and supply of currency in the domestic market, and is also optimal for the Russian economy.
Andrey Kostin, the head of VTB, holds the opposite opinion on this issue. Earlier, he called the strong ruble harmful for both Russian exporters and the federal budget. In this scenario, the head of the financial institution emphasized, the state treasury is missing a portion of the proceeds that could go to support a number of problematic industries. Against this background, Kostin called the corridor of 90-100 rubles per dollar the best option.
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