Russia's Central Bank Cuts Dollar Exchange Rate

TASS · world

The Bank of Russia has officially lowered the exchange rate for the US dollar for August 20. The new rate is set at 85.13 rubles per dollar. Additionally, the central bank reduced the official euro exchange rate by 18.55 kopecks, bringing it to 98.5457 rubles. These adjustments reflect the central bank's monetary policy decisions and can impact trade and currency markets within Russia.