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2351
27.04.2026
sell FX swaps were discontinued from April, 2022; interest rate is on ruble leg, from 01.01.2022 interest rate on USD leg is equal
2352
24.04.2026
in February. However, the influence of these additional export earnings on the ruble exchange rate will be largely offset by the fiscal rule mechanism. Thus,
5–10 7–12 7–12
Claims on organisations and households in rubles and foreign currency3 9.5 6–10 8–13 8–13
– on
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24.04.2026
foreign currencies. As a result, demand for Russian instruments alters, changing the ruble exchange rate, which, in turn, is an important factor in the formation
RATE
The ruble exchange rate against the main currencies had been fluctuating within broadly stable
ranges since May 2025. In March 2026, the ruble weakened
2359
22.04.2026
lending to more solvent borrowers. According to Bank of Russia calculations, each ruble spent on a credit report in 2025 H2 may reduce the amount
2360
21.04.2026
of the monitoring of the maximum interest rates on deposits1 in Russian rubles of the top 10 credit institutions,2 attracting the largest amount of