The real effective exchange rate of the ruble fell by 5.1% in February
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In February 2023, the real effective exchange rate of the ruble depreciated by 5.1% compared to January. Updated data show this Central Bank of the Russian Federation.
For two months of 2023, the real effective exchange rate of the ruble decreased by 11.8%. The average nominal exchange rate of the US dollar against the ruble in February was 73.00. The euro exchange rate is 78.33.
The ruble has been falling smoothly against the dollar and the euro since the beginning of winter. March 10 The euro exchange rate on the Moscow Exchange for the first time since last spring got up to the mark of 81 rubles.
Read more about the prospects of the Russian currency in the material “Kommersant FM” “The ruble follows the trend”.
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