Cbank: Russian ruble’s real effective rate falls by 3% in June

MOSCOW, Jul 14 (PRIME) -- The real effective rate of the Russian ruble decreased by 3% against the currencies of the key trade partners adjusted to inflation in June, the central bank said on Friday citing preliminary data.

The ruble fell by 5% on the month against the U.S. dollar and by 4.4% against the euro.

The nominal ruble rate contracted by 5.1% against the U.S. dollar and by 4.6% against the euro.

In January–June, the real effective rate of the ruble plunged by 20.3%.

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