Source Pravda.Ru

Rouble gains on dollar and euro

According to estimates of the Bank of Russia, over the first quarter of this year the real exchange rate (i.e., the exchange rate adjusted to inflation in the countries of currencies) of the Russian rouble against the American dollar and the euro has strengthened by 4.5% and 3.1%, respectively, as compared to the December 2003 figure, and over March - by 5.3% and 6.1%, respectively. This data of the Bank of Russia have been published on the bank's official site.

As compared to the respective period of 2003, the real exchange rate of the rouble against the dollar has strengthened by 20.3% and against the euro - by 3.5%, respectively, over the first quarter of this year, and- by 19.8% and 5.6%, respectively, over March 2004.

Over the first quarter of this year, the nominal exchange rate of the rouble (the exchange rate not adjusted for inflation or reflation in the countries of currencies) has become stronger against the dollar and foreign currencies by 2.7% and 1.1%, respectively, and compared to the respective period of last year - by 10.5% and 0.5%, respectively.

Comments
Attempts to blame Russia for MH17 disaster continue zealously
Skripals fall under heavy British pressure
Iran's next moves on nuclear deal much more important - Kremlin
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Kremlin wants foreign invaders out of Syria
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Elon Musk and a Truth called Pravda
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
The Royal Wedding and the Silly Season
The Royal Wedding and the Silly Season
The Royal Wedding and the Silly Season
The Royal Wedding and the Silly Season
Attempts to blame Russia for MH17 disaster continue zealously
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian stock market, national currency collapse because of US sanctions
Russian stock market, national currency collapse because of US sanctions
Russians massively break traffic rules on Crimea Bridge
Putin’s spokesman: Total blockade of Russia impossible