Business

Bank of Russia sets dollar rate at 74.77 rubles

Jun 26, 2026

Moscow [Russia], June 26: The Bank of Russia set the official dollar rate at 74.7738 rubles for June 25, 2026, up 15.38 kopecks against the prior figure.
The official euro rate was lowered by 30.24 kopecks to 85.1823 rubles. The official yuan rate was set at 10.9713 rubles, down 2.34 kopecks.
Economically, Russia's parliament approved urgent tax code amendments to combat domestic fuel shortages caused by refinery outages. The legislation incentivizes supply by introducing import subsidies, authorizing the blending of poorer-quality fuel, and delaying modernization deadlines for refineries.
Source: Emirates News Agency

More news

Leadership in the Age of Digital Transformation: Why Strategic Tech Fluency Is Now Essential

New Delhi [India], October 28: Organisations across industries are investing heavily in artificial intelligence, analytics, automation and digital platforms, yet the returns remain uneven. A 2025 McKinsey study found that only 16 % of digital transformation initiatives succeed in delivering sustained performance improvements, despite widespread adoption of advanced technologies. At the same time, Gartner reports that 65 % of organisations now regularly use generative AI in decision-making, signalling that access to technology is no longer the constraint. The disconnect lies elsewhere.

Oct 28, 2026