On February 20, local time on February 20, the Russian Central Bank announced the official exchange rate of the ruble against the US dollar. On February 21, the official exchange rate was 88.51 rubles per US dollar, which rose above 90 for the first time since September last year. Since June 13, 2024, affected by sanctions, the Moscow Exchange announced that it would no longer use the US dollar and the euro for foreign exchange and precious metals transactions.
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