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7.0 FX
                                                               RUSSIA -FX       2016 2017       2018 1Q18       2Q18 3Q18       4Q18 1Q19 2Q19       3Q19 4Q19       1Q20
                                        Currency (units per EUR) (eop)
Currency (units per USD) (eop)
Currency (units per EUR) (average)
Currency (units per USD) (average)
source: CBR
64.8 68.9
61.5 57.6
74.4 65.8
67.2 58.4
79.5 70.4
69.5 57.1
74.0 69.9
62.7 56.9
73.4 81.0
62.7 70.0
73.7 76.0
61.8 65.5
79.5 72.9 72.1
69.5 64.8 64.3
76.1 75.1 72.6
66.7 66.1 64.6
71.5 69.8 76.3
64.7 63.0 69.3
72.0 69.7 73.3
64.7 62.9 66.5
                                                                                                                                                                                            The ruble lost 25% of its value in March since Russia withdrew from the
   68 RUSSIA Country Report April 2020 www.intellinews.com
 





































































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