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Financial News: The Bank of Russia Has Changed the Procedure for Calculating the Official Euro-to-Ruble Exchange Rate (06/05/2026)

Financial News: The Bank of Russia Has Changed the Procedure for Calculating the Official Euro-to-Ruble Exchange Rate (06/05/2026)

Published on: 2026-06-06

Source: Central Bank of Russia – Central Bank of Russia –

An important disclaimer is at the bottom of this article.

From June 8, 2026, the Bank of Russia will calculate the official euro to ruble exchange rate based on the US dollar to ruble exchange rate and the euro to US dollar exchange rate of the European Central Bank as of 15:30 MSK on the current working day.

This change is associated with low turnover in the ruble/euro currency pair on the domestic currency market, which reduces the representativeness of the daily direct calculation of the euro to ruble exchange rate based on actual conversion operations.

The USD to RUB exchange rate continues to be calculated based on the reporting data of credit organizations on the results of concluded interbank conversion operations in the over-the-counter currency market.

The Bank of Russia publishes official exchange rates on its website usually until 18:00 MSK.

When using the material, a reference to the Press Service of the Bank of Russia is mandatory.

05.06.2026 20:00:00

Please note; This information is raw content obtained directly from the information source. It represents an accurate report of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.