The dollar exchange rate on the Forex market rose to almost 112 rubles

The dollar exchange rate on Forex on December 30 rose to almost Br112. This is evidenced by the ICE data (composite indicator of several forex brokers) on Investing.com.

On this day, the dollar growth amounted to almost 6%. Within a few hours, its value rose from 103 rubles to 111.9.

At the same moment, the euro traded above 109 rubles.

From December 29, 2024 to January 9, 2025, the Central Bank of Russia set the official rate of the U.S. dollar at 101.6797 rubles, the euro -106.1028 rubles.

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Earlier, December 27, analyst of FG "Finam" Alexander Potavin told "Izvestia" that the growth of the dollar rate was affected by the purchase of foreign currency by banks. Potavin noted that banks, as a rule, buy foreign currency at the close of the year - it's a kind of insurance against risks before the long New Year holidays. According to him, this is their usual practice at the end of December.

Potavin added that, probably, in this regard, the regulator decided to set the official rates of foreign currencies against the ruble based on the combined data of exchange and OTC segments of the foreign exchange market.