Russia Cuts Ruble Exchange Rates Amid Market Shift

The Russian Central Bank made an announcement on Friday regarding the official exchange rates of the ruble against major international currencies.

According to the new rates, the US dollar has risen by around 8 kopeks to approximately 84 rubles. The euro exchange rate reached about 98 rubles after increasing by approximately 11 kopeks.

The Chinese yuan also saw an increase of about 2 kopeks, reaching nearly 13 rubles based on the new official exchange rates.