The over-the-counter dollar exchange rate dropped to 77 rubles

The over-the-counter dollar exchange rate dropped to 77 rubles for the first time since May 12, 2023. This is evidenced by the website data on December 2. Investing.com .

By 14.26 Moscow time, the dollar fell by 42 cents relative to the previous close — to 77.04 rubles, and minutes earlier — to 77 rubles exactly.

After the suspension of dollar trading on the Moscow Stock Exchange last summer, the main reference point for the ruble was the yuan exchange rate, which is traded from 10:00 to 19:00 Moscow time. During this period, the dollar exchange rate can be calculated through the dollar-yuan exchange rate on the Forex market and the yuan-ruble exchange rate on the Moscow Stock Exchange. This cross-rate is now the main reference point for over-the-counter dollar-for-ruble trading. "Газета.Ru ".

On the decline: the dollar exchange rate dropped below 80 rubles

Non-political factors are leading the way among the reasons for the strengthening of the Russian currency

The head of Sberbank, German Gref, said on November 26 that the exchange rate in the range of 98-105 rubles per US dollar is balanced, it is favorable for exporters and importers. This opinion was shared on the sidelines of the Domclick Digital Forum. He also noted that with the normalization of the market, such a course would suit exporters and help importers in terms of creating natural barriers.

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