Bank of Russia sets dollar rate at 81.30 rubles for March 31
ArchivedSingle Source|4 articles|1 sources|1 blocks
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NarrativeRadar Analysis·
Reported Facts
Observable data points shared across all narratives
- •On March 31, the Bank of Russia set the dollar rate at 81.25 rubles for April 1.
- •On March 30, the Bank of Russia raised the dollar rate to 81.30 rubles for March 31.
- •The Bank of Russia sold yuan worth $56.9 million with settlements on March 30 and March 31.
What Could Happen If...
- ▸Bank of Russia continues to raise the dollar rate The ruble could weaken further, increasing inflationary pressure on Russian consumers and businesses.
Market Exposure
CurrencyUSD/RUBUpward Pressure
The increase in the official dollar rate indicates a weaker ruble against the dollar, putting upward pressure on the USD/RUB exchange rate.
This is not investment advice. Market exposure is based on conditional event analysis.
Key Actors
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Source Coverage
RU
4 articles
More coverage on this story
- More on People's Republic of China
- More on Russian Federation
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Signals
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Related Events
▸Bank of Russia sets April 3 dollar rate at 80.33 rublesArchived▸Bank of Russia Sells $56 Million in Yuan on March 23Archived▸Bank of Russia lowers dollar rate for weekendArchived▸Russian Central Bank Sells $55.95M Yuan for March 25 SettlementsArchived▸Bank of Russia Buys $16 Million in Yuan, Settles May 15Archived
Primary Sources (4)
RUTASS (EN)Bank of Russia sells yuan worth $56.9 mln with settlements on March 31RUTASS (EN)Bank of Russia set dollar rate at 81.25 rubles for April 1RUTASS (EN)Bank of Russia sells yuan worth $56.9 mln with settlements on March 30RUTASS (EN)Bank of Russia raises dollar rate for March 31 to 81.30 rubles