Rubel keeps falling against US dollar at BCSE
November 15, Pozirk. The rubel has depreciated to 3.3751 against the US dollar at the November 15 trading session of the Belarusian Currency and Stock Exchange (BCSE), falling for five consecutive trading sessions and reaching another record low.
The Belarusian currency also fell to 4.6675 per 10 Chinese yuan but climbed to 3.388 per 100 Russian rubles.
The rubel has not traded against the European currency and remained at 3.57 against the euro.
Last week, with trading held from November 4 to 6, the rubel lost 0.33 percent of its value against the dollar, 0.6 percent against the euro and 0.55 percent against the yuan, but gained 0.12 percent against the Russian currency.
The Belarusian currency lost 4.44 percent of its value against the dollar in the first 10 months of 2024.
Economist links rubel depreciation to weaker Russian currency
November 14, Pozirk. Economist Anastasija Łuzhina linked the recent depreciation of the Belarusian rubel against the US dollar to a weaker Russian ruble. “The rubel has not depreciated against all foreign currencies,” Łuzhina, a senior researcher with the Belarusian Economic Research and …