The Central Bank left the dollar exchange rate on October 21 below 83

The Central Bank of Russia set the official exchange rate of the US dollar on Wednesday, October 21, at the level of 82.8879, the euro - 93.0417, the yuan - 12.3708. This is reported on the website of the regulator.

On Tuesday, October 20, the Central Bank established the following exchange rates: dollar - 82,8504, euro - 93,2316, yuan - 12,3869.

Thus, the dollar rose by 3.75 kopecks, the euro fell by 18.99 kopecks, and the yuan by 1.61 kopecks.

The official rates of the Central Bank of the dollar and euros are used for settlements on contracts on the futures market of the Moscow Exchange, including futures contracts for the dollar / ruble (Si), euro / ruble (Eu), dollar / yuan (UCNY), euro / dollar (ED), dollar / tenge (UKZT), perpetual futures for the dollar / ruble pair (USDRUBF), euro / ruble (EURRUBF), futures for the RTS index (RTS and RTSM) and a number of other instruments.

At the auction on Tuesday, October 20, the ruble strengthened against foreign currencies. By 17:29 MSK, the yuan exchange rate (CNY / RUB TOM) on the Moscow Exchange decreased by 0.6% compared to the close of trading and amounted to 12.34.

Tool USDRUB TOM at 17:28 GMT fell by 0.9%, reaching 82.71.

The USDRUB TOM instrument reflects transactions with the dollar/ruble currency pair. Payments are made the next day in rubles. The time of concluding transactions is from 9:00 to 19:00 MSK.

Trading of the currency pair USDRUB TOM was held on the Moscow Exchange until June 2024. Officially, trading in the dollar was suspended after the Moscow Exchange was included in the US sanctions list. The dollar continued to trade on the over-the-counter market, where trading operations are conducted directly between participants, without the mediation of the exchange. Deals on the USDRUB TOM instrument resumed in mid-February 2026.

What now affects the ruble exchange rate

The ruble continues to strengthen. General Director of Alfa-Forex Guzel Protsenko attributed to the factors of its support:

increased activity of exporters before the quarterly tax payments, the peak of which falls on october 28, “supercomfortable” oil prices and a wide range of export goods.

According to Mikhail Zeltzer, an expert at BCS World Investments, the ruble is also strengthening due to the softened geopolitical background and the high probability of the Bank of Russia extending the pause at the key rate.

The rate meeting is scheduled for October 23. The participants of the consensus forecast of RBC - analysts of banks and investment companies - believe that on this day the Bank of Russia will again decide to keep the key rate at 14% per annum. The option of a pause at the next meeting was supported by 27 of the 30 experts interviewed. Two more admitted that the Central Bank can raise the key rate by 25 bp to 14.25% per annum. One analyst believes that the regulator has all the arguments in favor of easing monetary policy.

What will happen to the ruble exchange rate next: expert opinions

Alfa-Forex predicts that this week the dollar will fluctuate in the range of 81-85, the euro - ,90-95.7, the yuan - ,12.15-12.7.

Denis Popov, managing expert of the PSB Analytical and Expertise Center, believes that the ruble retains a noticeable potential for strengthening at least in the short term. Popov considers such a scenario likely not only because of the still high geopolitical risk premium, but also because of fundamental factors:

growth of exporters’ revenues against the background of favorable price conditions in global markets; approaching the deadlines for paying fairly large oil and gas fees to the budget for october.

According to the expert, in the coming week, the arguments for strengthening the ruble will become stronger, so the dollar may fall to й80, and the yuan to й12.

However, in order for the ruble to be able to hold in this zone for a long time and, possibly, continue to strengthen, a more noticeable improvement in the geopolitical background is necessary, and this so far seems unlikely. At the end of the year, Denis Popov expects the yuan exchange rate in the range е12.5-12.8.

The news is supplemented