Friday forex session: ruble down 0.57% against dollar to Br2.5817/$1

<p> MINSK, Nov 27 - PrimePress. Following the bidding at the single forex session of the Belarusian Currency and Stock Exchange (BCSE) in the format of a continuous two-way auction, the Belarusian ruble stood at Br2.5817/$1 to the dollar on Nov 27, down 0.27% on the previous day of trading, says the BCSE official report. </p> <p>   </p> <p> Following the bidding at the single forex session on Friday, the ruble stood at Br3.0794/€1 to the euro, down 0.68%; at Br3.4056/RUB100 to the Russian ruble, down 0.24%. </p> <p>   </p> <p> As previously reported, the National Bank of Belarus (NBB) on June 1, 2015 stopped the practice of fixing the exchange rate of the Belarusian ruble to the basket of foreign currencies on a day-to-day basis and switched over to FX trading on the Belarusian Currency and Stock Exchange (BCSE) in the format of a continuous two-way auction. </p> <p>   </p> <p> The parties taking part in continuous two-way auctions at the BCSE are free to make bids and offers during the entire auction period, however deals will be made if the FX trading system bridges bids with relevant offers. </p> <p>   </p> <p> The weighted average rate of the US dollar, the euro and the Russian ruble shall be the National Bank’s official exchange rate of the relevant currency for the day that follows the day of trading. </p> <p>   </p> <p> At the moment, the exchange rate of the Belarusian ruble is pegged to the basket of foreign currencies, with the share of the Russian ruble standing at 50%, the US dollar - 30%, the euro - 20%. End </p>

2020-11-28

Primepress