Photo: ru.freepik.com
The reason for the increase in the value of the US dollar was the publication last Friday, January 10, of statistics on the decline in unemployment in the United States. Employment growth turned out to be higher than experts' forecasts, which may prompt the regulator, the Federal Reserve System, to postpone interest rate cuts, The Wall Street Journal reported. It is also indicated that the European Union and the United Kingdom are preparing for another reduction in interest rates, which stimulates interest in the dollar as a currency with more attractive returns and reliability for investments.
According to the exchange rate set by the Central Bank of the Russian Federation on January 14, 2025, the dollar came very close to the euro, its value is 102 rubles 71 kopecks, the euro 104 rubles 86 kopecks. Last weekend, the exchange rates amounted to 101 rubles 91 kopecks and 105 rubles 05 kopecks, respectively.
Earlier, we reported that the Bank of Russia resumed the purchase of foreign currency on the domestic market within the framework of the budget rule.
