Russia

Bank of Russia lowers dollar exchange rate to 77.23 rubles for July 4-6

TASS English · 2026-07-03

AI SUMMARY

• What happened: The Bank of Russia has set the official dollar exchange rate at 77.2264 rubles for July 4-6, 2026, a decrease of 70.29 kopecks, while the euro exchange rate has been lowered to 88.0304 rubles, down by 67.65 kopecks. • Why it matters: These adjustments reflect ongoing fluctuations in the Russian currency market and may impact economic conditions and trade relations, particularly in light of the Bank of Russia's expectations regarding GDP performance. • What to watch next: The Bank of Russia will release an updated medium-term macroeconomic forecast at its Board of Directors meeting on July 24, which could provide further insights into the economic outlook.

Bank of Russia lowers dollar exchange rate to 77.23 rubles for July 4-6 The official euro exchange rate has been lowered by 67.65 kopecks to 88.0304 rublesMOSCOW, July 3. /TASS/. The Bank of Russia has set the official dollar exchange rate at 77.2264 rubles for July 4-6, 2026, which is 70.29 kopecks lower than the previous indicator. The official euro exchange rate has been lowered by 67.65 kopecks to 88.0304 rubles. The official yuan exchange rate has been lowered by 8.9 kopecks to 11.3803 rubles. 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Source: TASS English
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