Bank of Russia Sets Holiday FX Rates Through Jan. 12 After Year That Saw 23‑Ruble Drop in Dollar

Overview

• Official rates for the holiday period of December 31 to January 12 are set at 11.1592 RUB per yuan, 78.2267 RUB per dollar, and 92.0938 RUB per euro.
• The Bank of Russia will publish the next set of official exchange rates on January 12, which will take effect on January 13.
• Central Bank data show the official dollar rate fell by 23.45 rubles in 2025 (down 23.06%), while the euro declined by 14.01 rubles (down 13.20%).
• The year’s extremes were 103.44 RUB per dollar on January 15 and 76.09 on December 6; the euro peaked at 106.25 on January 15 and hit 87.57 on March 19.
• Since U.S. sanctions halted on‑exchange dollar and euro trading in June 2024, the regulator has shifted to bank and OTC inputs, and since December 27, 2024 has used combined exchange and OTC market data; Russian equities closed lower on December 29 with MOEX down 0.47% and RTS down 0.15%.