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Ministry of Justice

Russian Federation 

On October 10, 2022 No. 70450

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of October 3, 2022 No. 6290-U

About procedure for establishment and publication by the Central bank of the Russian Federation of the official rates of foreign currencies in relation to ruble

This Instruction based on article 53 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" <1> determines procedure for establishment and publication of the official rates of foreign currencies by the Bank of Russia in relation to ruble.

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<1> Russian Federation Code, 2002, No. 28, Art. 2790; 2018, No. 11, Art. 1588.

1. The Bank of Russia establishes the official rates of foreign currencies in relation to ruble in the working days and in the non-working days announced in the Russian Federation, except for the non-working days which are the output and (or) non-working holidays recognized by those according to articles 111 and 112 of the Labor Code of the Russian Federation <2> without obligation of the Bank of Russia to buy or sell data of currency on the established official rate.

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<2> Russian Federation Code, 2002, No. 1, Art. 3; 2006, No. 27, Art. 2878; 2012, No. 18, Art. 2127.

2. The official rates of foreign currencies in relation to ruble are established by the Bank of Russia according to the list of foreign currencies published on the official site of the Bank of Russia on the Internet (further - Internet network) and in "the Bulletin of the Bank of Russia".

3. The official US dollar exchange rate in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of US dollar in relation to ruble calculated according to the bargains concluded at the organized biddings of PJSC Moskovskaya Birzha on US dollars for rubles with the term of calculations the next working day after date of the conclusion of the transaction (further - the term of calculations "tomorrow") during the period from 10 hours 00 minutes for 15 hours 30 minutes Moscow time. Numerical value of official US dollar exchange rate in relation to ruble is rounded to the 100-th shares of kopek.

In case of lack of data from PJSC Moskovskaya Birzha the official US dollar exchange rate in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of US dollar in relation to ruble calculated according to the bargains concluded during the present day till 15 hours 30 minutes Moscow time in the foreign exchange markets on US dollars for rubles with the term of the calculations "tomorrow" provided to the Bank of Russia as a part of the reporting of credit institutions. Numerical value of official US dollar exchange rate in relation to ruble is rounded to the 100-th shares of kopek.

In case of lack of data from PJSC Moskovskaya Birzha and as a part of the reporting of credit institutions the official US dollar exchange rate in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of US dollar in relation to ruble calculated according to the bargains concluded during the present day till 15 hours 30 minutes Moscow time in the foreign exchange markets on US dollars for rubles with the term of the calculations "tomorrow" received by the Bank of Russia within access to digital platforms of the off-exchange biddings. Numerical value of official US dollar exchange rate in relation to ruble is rounded to the 100-th shares of kopek.

4. The official euro exchange rate in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of euro in relation to ruble calculated according to the bargains concluded at the organized biddings of PJSC Moskovskaya Birzha for euro for rubles with the term of calculations "tomorrow" during the period from 10 hours 00 minutes for 15 hours 30 minutes Moscow time. Numerical value of official euro exchange rate in relation to ruble is rounded to the 100-th shares of kopek.

In case of lack of data from PJSC Moskovskaya Birzha the official euro exchange rate in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of euro in relation to ruble calculated according to the bargains concluded during the present day till 15 hours 30 minutes Moscow time in the foreign exchange markets for euro for rubles with the term of the calculations "tomorrow" provided to the Bank of Russia as a part of the reporting of credit institutions. Numerical value of official euro exchange rate in relation to ruble is rounded to the 100-th shares of kopek.

In case of lack of data from PJSC Moskovskaya Birzha and as a part of the reporting of credit institutions the official euro exchange rate in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of euro in relation to ruble calculated according to the bargains concluded during the present day till 15 hours 30 minutes Moscow time in the foreign exchange markets for euro for rubles with the term of the calculations "tomorrow" received by the Bank of Russia within access to digital platforms of the off-exchange biddings. Numerical value of official euro exchange rate in relation to ruble is rounded to the 100-th shares of kopek.

5. The official rate of yuan in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of yuan in relation to ruble calculated according to the bargains concluded at the organized biddings of PJSC Moskovskaya Birzha on yuans for rubles with the term of calculations "tomorrow" during the period from 10 hours 00 minutes for 15 hours 30 minutes Moscow time. Numerical value of the official rate of yuan in relation to ruble is rounded to the 100-th shares of kopek.

In case of lack of data from PJSC Moskovskaya Birzha the official rate of yuan in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of yuan in relation to ruble calculated according to the bargains concluded during the present day till 15 hours 30 minutes Moscow time in the foreign exchange markets on yuans for rubles with the term of the calculations "tomorrow" provided to the Bank of Russia as a part of the reporting of credit institutions. Numerical value of the official rate of yuan in relation to ruble is rounded to the 100-th shares of kopek.

In case of lack of data from PJSC Moskovskaya Birzha and as a part of the reporting of credit institutions the official rate of yuan in relation to ruble is established by the Bank of Russia on the basis of data on the weighted average rate of yuan in relation to ruble calculated according to the bargains concluded during the present day till 15 hours 30 minutes Moscow time in the foreign exchange markets on yuans for rubles with the term of the calculations "tomorrow" received by the Bank of Russia within access to digital platforms of the off-exchange biddings. Numerical value of the official rate of yuan in relation to ruble is rounded to the 100-th shares of kopek.

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