The Central Bank has developed additional procedures for setting foreign exchange rates

The Central Bank has developed additional procedures for setting foreign exchange rates

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To establish foreign exchange rates against the ruble, they will use bank statements and digital platforms for over-the-counter trading, informed Central Bank (CB). The regulator explained that the changes are needed to “more accurately reflect the situation on the markets.” The Central Bank has already prepared a corresponding draft decree.

In Russia fixed demand for the purchase and sale of the national currency of “friendly” countries in cash from individuals. The leader is the Chinese yuan, most of the largest market participants offer exchange operations with it. In addition, in September, Promsvyazbank launched the exchange of the Turkish lira for citizens, Sovcombank – the dirham. At the same time, demand for dollars and euros remains among Russians.

Details – in the material “Kommersant” “There is a demand for money”.

Laura Keffer

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