Central Bank Raises Dollar and Euro Rates; Euro Declines to New Low
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Insights by Echo AI
The Central Bank of Russia raised the official exchange rates for the dollar and euro on October 6. The dollar rate increased to 84.9309 rubles, up by 1.4470 rubles, while the euro rate rose to 95.3349 rubles, an increase of 1.0148 rubles. Meanwhile, the euro accelerated its decline, setting new yearly and monthly lows. The exchange rates for the US dollar, Russian ruble, and Chinese yuan remained unchanged.
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