EconomyThe Central Bank has developed additional procedures for determining...

The Central Bank has developed additional procedures for determining exchange rates against the ruble.

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Electronic board of an exchange office on a street in Moscow. Archive photo

The Central Bank has developed additional procedures for establishing official exchange rates against the ruble.

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MOSCOW, October 3 – RIA Novosti. To more accurately reflect the situation on the markets, the Central Bank of the Russian Federation has developed additional procedures for establishing official exchange rates against the ruble using alternative data sources – bank statements and digital platforms for over-the-counter. trade, should from the draft of the relevant regulator’s directive.

“In order to more accurately reflect the situation on the markets, the Central Bank of Russia has developed additional procedures for determining the official exchange rates against the ruble. In the statement made by the Central Bank, it was called “over-the-counter trading”.

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In particular, the exchange rate for the dollar, euro and yuan will be determined in the period from 10.00 to 15.30 Moscow time, with transactions on the Moscow Exchange’s organized trade for the ruble with the “tomorrow” payment period. moment.

In the absence of data from the Moscow Stock Exchange, the data of transactions completed before 15.30 Moscow time, which are submitted to the Central Bank of Russia as part of the reporting of credit institutions, will be used. In the absence of the first two options, data on transactions completed before 15.30 Moscow time will be used as part of access to digital over-the-counter trading platforms. If it is not possible to calculate the value of the rate for the specified options, it will be set equal to the value of the previous day.

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Rates of other foreign currencies against the ruble will be determined on the basis of the dollar-to-ruble ratio determined by central (national) banks – issuers of these currencies – and the official rates of dollars to the respective currencies. and published on the official websites of central (national) banks on the Internet at 15.30 Moscow time of the current working day. According to the draft order of the Central Bank of the Russian Federation, the numerical value of the official exchange rate against the ruble is rounded up to one cent.

Source: Ria

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Regina
Regina
With a passion for storytelling and reporting, I am an experienced writer and Editor with a focus on sports. As an Author at News Unrolled, I write engaging stories on the latest developments in the world of sports. My articles have been featured on numerous global media outlets and my work has been highly praised by renowned editors.

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