The Central Bank left the official dollar exchange rate below 81
The official rates of the dollar and euro are used, among other things, for settlements under contracts on the futures market of the Moscow Exchange
The Central Bank of Russia set the official rate of the US dollar on Wednesday, October 28, at the level of 80.5307, the euro - 90.0977, the yuan - 12.0677. This is reported on the website of the regulator.
On Tuesday, October 27, the Central Bank established the following exchange rates: dollar - 80.4909, euro - 90.0935, yuan - 12.0680.
Thus, the dollar rose by 3.98 kopecks, the euro by 0.42 kopecks, and the yuan fell by 0.03 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 27, the ruble strengthened against foreign currencies. By 17:43 MSK, the yuan exchange rate (CNY/RUB TOM) on the Mosbirzh fell by 0.29% by the close of trading on October 26 and amounted to 12.0505.
Tool USDRUB TOM at 17:02 MSK fell by 0.17%, reaching .80.99.
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
At the beginning of the week, the strengthening of the ruble stopped amid the preservation of seasonal activity of importers and the limited positive signals of the news background, said Denis Popov, managing expert of the PSB Center for Analytics and Expertise.
At the same time, according to Mikhail Zeltser, an expert at BCS World of Investments, several factors are in favor of supporting the ruble:
holding the monetary pause by the Bank of Russia - the regulator at two autumn meetings in a row kept the key rate at 14%; currency inflows from exporters - they increase foreign currency sales on the market against the background of the rally of oil and gas and this expanded offer covers increased demand for currency from the Ministry of Finance within the framework of the budget mechanism; sale of export revenues within the tax period; geopolitics - there were attempts to resume the negotiation process of Russia and Ukraine.
What will happen to the ruble exchange rate next: expert opinions
On Wednesday, October 28, with a high probability, the ruble will reach the strongest values of October, believes the General Director of Alfa-Forex Guzel Protsenko. Special support for the national currency will be provided by the peak of tax payments by exporters against the background of the growing supply of foreign currency in the market, the expert explained.
In the coming days, the dollar may be in the range of е80-82, the euro - е89.5-91.5, the yuan - е11.95-12.25, Vladislav Silayev, a senior trader at Alfa Capital, predicts.
The ruble may strengthen after the end of the tax period on October 28, said investment strategist VTB My Investments Alexei Mikheev.
With currency purchases, it might be worth waiting until early December. We recommend dividing the required volume of purchases into several parts and purchasing currency gradually before the end of the year. So the investor distributes currency risk over time, the expert writes.
However, on the horizon of 2027, Mikheev expects a weakening of the ruble, which will be pressured:
change of the budget rule: from 2027, the price of cutting off oil will decrease from $59 to $50 per barrel - this can increase foreign currency purchases by the Ministry of Finance by about лев5 billion per day; reduction of the key rate: the analyst expects the Bank of Russia to continue easing monetary policy, which may reduce the attractiveness of ruble instruments.
The news is supplemented
