During the week, the ruble weakened against the US dollar by 2.58%. Russian Central Bank

Analysis of the dynamics of currency exchange rates on the Russian market showed that the U.S. dollar and euro against the ruble showed a steady upward trend during the week of November 18-23.

Thus, on November 18, the dollar exchange rate was 99.9971 rubles. Over the next two days, it fluctuated within Br100, reaching Br100.0348 on November 20. November 21, a more steady growth began: the dollar rose to Br100.2192, and reached Br102.5761 by November 23, having increased by 2.58% during the week.

The euro also grew during the week, although the pace of strengthening was a little smoother in the first days. On November 18, the euro traded at RUB 105.7072, but by November 20 it returned to RUB 105.7338. Growth acceleration began on November 21, when the rate reached Br105.809. On November 23, the official euro rate was set by the Central Bank at Rb 107.4252, having increased by 1.63% during the week.

Typical factors affecting exchange rates are increased volatility in global financial markets, as well as internal reasons such as the demand for foreign or national currency within the country.

We would like to add that the rate set by the Central Bank for the weekend (November 23) is still valid today.