The Central Bank has changed the rules for calculating exchange rates

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Starting today, December 27, the Central Bank has changed the rules for calculating exchange rates and will begin to combine data from both the exchange and over-the-counter markets. “In the context of expanding volumes of over-the-counter transactions, this will increase the representativeness of official rates,” explains the Central Bank.

If direct rates are not available, calculated cross rates will be the official ones.

• The Moscow Exchange has not traded dollars and euros since June of this year, after sanctions against it, the National Settlement Depository and the National Clearing Center. The Central Bank was forced to set official exchange rates for the US dollar and euro against the ruble based on trading on the over-the-counter foreign exchange market.
• Today, for the first time in several days, the ruble weakened sharply on the forex market - from 100 to 106 rubles per dollar.