The Bank of Russia established the official US dollar exchange rate at 74.77 rubles for June 25, 2026, up from the previous setting, according to an announcement by the regulator on June 24. At the same time, the official rate for one Chinese yuan was fixed at 10.97 rubles. The move provides a daily benchmark for businesses and financial institutions operating in Russia as the currency market navigates international restrictions.
According to the central bank’s published data, the dollar rate rose by 15.38 kopecks compared with the figure for June 24. This incremental adjustment reflects market movements captured through the bank’s specified methodology. The rates are determined based on over-the-counter deals reported by credit institutions.
Following the imposition of sanctions on the Moscow Exchange, the Bank of Russia adopted a new approach to calculating official exchange rates in 2024. A report by Meduza detailed that the dollar rate is now derived from bank data on OTC foreign exchange transactions as of 3:30 p.m. Moscow time. The euro rate is similarly calculated using the dollar rate and ECB benchmarks to reduce volatility.
The Russian ruble has demonstrated notable resilience in recent years despite external economic challenges. Trading Economics data places the ruble at around 75.86 per dollar in late June 2026. The currency gained support from elevated key interest rates and fiscal measures aimed at containing inflation.
In August 2023, the Bank of Russia raised its key interest rate by 3.5 percentage points to 12 percent in response to ruble depreciation and rising inflation, PBS reported. Such actions have been part of a broader strategy to safeguard the national currency. The central bank has continued to adjust policy in response to evolving conditions.
The latest rate comes as the ruble trades near levels seen in the past 12 months, where it fluctuated from a high of 70 to over 81 against the dollar. According to industry analysis, the performance has been influenced by oil prices, trade balances and capital controls. Officials have warned that falling oil prices could pose risks to further stability.
The Bank of Russia also publishes rates for other currencies, including the UAE dirham at 20.59 rubles per one unit. These figures are intended for reference and do not represent an obligation for the bank to transact at those values. The daily publication helps maintain transparency in the foreign exchange market.
This rate setting forms part of the central bank’s regular operations to guide the financial sector. Bank of Russia projections indicate that fiscal policy may become more expansionary over the next three years. Monitoring of such developments remains key for assessing the ruble’s outlook.
