6 May 2011 11:03

Real effective ruble exchange rate grows 5.7% in Jan-April - CBR

MOSCOW. May 6 (Interfax) - The real effective exchange rate of the Russian ruble grew 5.7% against the basket of currencies of Russia's main trading partners from last December over the period January to April, according to preliminary figures posted on the Central Bank of Russia (CBR) website.

The real effective ruble rate contracted 1.2% in April. The rate against the U.S. dollar grew 11.2% over the four months (grew 0.6% in April), against the euro it grew 2.8% (contracted 2.3% in April).