On the morning of March 3, the Russian ruble recovered after an unprecedented drop against foreign currencies, including the somoni. Photo: Internet The Central Bank of Russia managed to correct the unprecedented drop of the ruble by almost 30% against other foreign currencies. On February 28, after Western countries imposed sanctions against Russia, the Russian […]
On the morning of March 3, the Russian ruble recovered after an unprecedented drop against foreign currencies, including the somoni.
Photo: InternetThe Central Bank of Russia managed to correct the unprecedented drop of the ruble by almost 30% against other foreign currencies.
On February 28, after Western countries imposed sanctions against Russia, the Russian ruble fell by 30%.
Since March 1, Sberbank has raised the minimum rates on consumer loans from 6.9% to 21.9%, and the maximum rate has increased from 21.7% to 29.9%.
The Ministry of Finance of Russia also urged all Russians to exchange their foreign currency for Russian rubles. These measures helped prevent a long-standing collapse of the Russian ruble.
The National Bank of Tajikistan also lowered the exchange rate of the national currency as of March 1 of this year. Thus, 1000 Russian rubles equal 112 somoni.
Commercial banks in Tajikistan, including Orienbank, have also adjusted the fall of the Russian ruble to 107 somoni for buying and 128 somoni for selling.
Alifbank offers 1000 Russian rubles for 111.60 somoni for buying and for 136 somoni for selling.
The exchange rate at Bank Eskhata was 1000 Russian rubles for 111.60 somoni for buying and 127 somoni for selling.