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Bank of Russia Sets Dollar Rate at 74.8 Rubles, Raises Euro Rate to 88.6429

|Moscow, Russia, Russia|1 independent sources

Published by WarSignal Editorial · Last updated

The Central Bank of Russia announced that the official dollar exchange rate for the period May 1‑4 would be 74.8 rubles. The same announcement lifted the official euro rate by 86.58 kopecks to 88.6429 rubles.

The decision was made by the Bank of Russia’s monetary policy committee during its meeting on April 30. The new rates will apply to all foreign‑exchange transactions conducted within the specified window.

The move follows a broader trend of the Russian central bank tightening its currency policy amid ongoing economic pressures.

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