Bank of Russia sets dollar rate at 77.12 rubles for Feb 27
ArchivedVerified|4 articles|2 sources|1 blocks
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Reported Facts
Observable data points shared across all narratives
- •The Bank of Russia announced the official dollar rate at 77.12 rubles for February 27.
- •Russia's international reserves fell by $8.9 billion between February 13 and 20.
- •The money supply in Russia grew by 76.9 billion rubles from February 13 to 20.
- •The Bank of Russia identified tight monetary policy as influencing the ruble's exchange rate.
What Could Happen If...
- ▸If the Bank of Russia continues tight monetary policy the ruble may stabilize or strengthen, affecting import costs and inflation in Russia.
Market Exposure
CurrencyUSD/RUBIncreased Volatility
Changes in the official dollar rate and shifts in reserves and money supply create uncertainty about the ruble's near-term value.
This is not investment advice. Market exposure is based on conditional event analysis.
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Source Coverage
RU
4 articles
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- Topic: US–China Economic Conflict
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Related Events
▸Bank of Russia Raises Dollar Exchange Rate to 76.64 RublesArchived▸Bank of Russia sells yuan worth $216 mln with settlements on February 13Archived▸Bank of Russia sets dollar rate at 77.61 rubles for March 4Archived▸Russia’s international reserves fell by $29.3 billion from January 30 to February 6Archived▸Bank of Russia Cuts Dollar Rate to 76.25 Rubles for April 14
Primary Sources (4)
RUInterfax (RU)Международные резервы РФ с 13 по 20 февраля сократились на $8,9 млрдRUInterfax (RU)Денежная база в России выросла с 13 по 20 февраля на 76,9 млрд рублейRUTASS (EN)Bank of Russia sets official dollar rate at 77.12 rubles for February 27RUTASS (EN)Bank of Russia cites tight monetary policy as one of factors affecting ruble