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depreciation of the ruble against the three main traded foreign currencies
slowed down month-on-month. Over the month, the exchange rate of the ruble against the
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РОССИИ’ (BANK OF RUSSIA), the denomination of the coin ‘3 РУБЛЯ’ (3 RUBLES), the year of issue ‘2023 г.’ (2023), the chemical symbol of the
important factor weakening the ruble. Both
these factors support the surge in prices. Furthermore, higher inflation expectations
due to a weaker ruble might become another
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20.09.2023
was not high initially are recovering considerably faster. Interest rate options in rubles demonstrate an upward trend as well. The development of this market has
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of the coin is corrugated and has the inscriptions ‘ДЕСЯТЬ РУБЛЕЙ’ (TEN RUBLES) recurring twice and divided by asterisks.
The obverse of the coin features
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19.09.2023
РОССИИ’ (BANK OF RUSSIA), the denomination of the coin ‘3 РУБЛЯ’ (3 RUBLES), the year of issue ‘2023 г.’ (2023), the chemical symbol of the
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sellers to pass through higher costs, including as a result of the ruble’s depreciation, to prices more quickly.
Annual growth in prices for food
other factors. Inflation sped up due to growing demand and a weaker ruble.
Economic activity trended upwards, as before. As staff shortages became more acute,
the ruble exchange
rate was 96.03 rubles per US dollar (-4.8%); 104.1 rubles per euro (-3.3%), and 13.2 rubles per
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issuers more time to bring their corporate governance practices into compliance with regulatory requirements and listing rules of the Moscow Exchange.
Preview photo: Shutterstock / Fotodom