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5%), in
part due to a stronger ruble as compared to last year’s levels.
EXCHANGE RATE
The ruble exchange rate against the main currencies
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РОССИИ’ (BANK OF RUSSIA), the denomination of the coin ‘25 РУБЛЕЙ’ (25 RUBLES), the year of issue ‘2025 г.’ (2025), the chemical symbol of the
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of the monitoring of the maximum interest rates on deposits1 in Russian rubles of the top 10 credit institutions2 attracting the largest amount of household
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growth in lending was mainly driven by companies. Long-term corporate loans in rubles went up most notably. The rise in household borrowings was moderate, fuelled
of the ruble; ‘-’ – appreciation of the ruble.
Sources: Moscow Exchange, Bank of Russia calculations.
The real effective exchange rate (REER) of the ruble calculated against
5–10 7–12 7–12
Claims on organisations and households in rubles and foreign currency 16.4 8–11 6–11 8–13 8