The Bank of Russia has published official exchange rates for 24 Martha. The value of the dollar and euro will rise in line with the dynamics at the open trades on Monday.
The dollar rate set by the Central Bank of the Russian Federation will rise to 80,88 ruble, euro will rise to 86,71 ruble, the corresponding data are published on the official website of the regulator. Changes in the foreign exchange market are substantiated by the first trades this week, during which the dollar fell below 80 rubles, however, it later stabilized precisely on this bar.
Over the next week, the Bank of Russia intends to implement a strategy for selling foreign currency in the domestic market, thereby strengthening the ruble and significantly reducing its volatility. Protective measures introduced in connection with the drop in oil demand and the coronavirus pandemic, due to which the world production of goods and services has significantly decreased.
The destructive impact of COVID-19 is felt not only in Russia. Analysts, for example, have already announced the beginning of the financial crisis in the USA.
Anastasia Brotskaya
