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AND GROWING GEOPOLITICAL TENSIONS
(02.01.2018 = 100)
Exchange rates in advanced economies* Exchange rates in emerging market economies*
110 120
110
105
100
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20.03.2020
calculations of the values (limits) of open currency positions) at the official exchange rate of the respective currency, set by the Bank of Russia as
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20.03.2020
Russian Federation over the course of the reporting period.
Floating exchange rate regime
An exchange rate regime where the central bank establishes no targets, including
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coronavirus pandemic?
ELVIRA NABIULLINA:
We have a floating rate. We do not comment on the exchange rate. But again, there is no threshold, either psychological
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19.03.2020
the loss of 100% of the player’s own funds! Considering that exchange rate movements equal about 1% per day on average (cross currency movements
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500 billion rubles today, on 19 March 2020, given the fluctuations of exchange rates and financial asset prices observed in Russian and global financial markets
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of Russia Exchange Rate Policy in 1999-2010
Since 1999, the Bank of Russia implemented exchange rate policy under the managed floating exchange rate regime which
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500 billion rubles today, on 13 March 2020, given the fluctuations of exchange rates and financial asset prices in Russian and global financial markets as
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 87
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 89
3.2.3. Official Exchange Rate:
remained low at the September–
November level. Adjusted for the impact of exchange rate movements, the mean of the
estimates stood just above 2% in