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Russian central bank to change official ruble exchange rate calculations By Reuters

By on March 14, 2022 0

© Reuters. FILE PHOTO: A customer hands over Russian ruble banknotes and coins to a vendor at a market in Omsk, Russia February 18, 2022. REUTERS/Alexey Malgavko

(Reuters) – Russia’s central bank plans to switch to publishing official exchange rates based on extended trading hours, the bank said on Monday, amid heightened market volatility.

The change will mean that the official rate will be based on a larger number of transactions, he said in a statement.

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