On December 28, 2024, the Bank of Russia will establish the official exchange rates for foreign currencies against the ruble. These rates will be effective from December 29, 2024, through January 9, 2025. This marks the last business day of the year.
The first business day of 2025 is January 9. On this date, the regulator will set new exchange rates to take effect starting January 10.
In a similar manner, reference prices for precious metals will also be updated by the Bank of Russia. On December 28, these prices will apply from December 29 through January 9. A subsequent update on January 9 will determine prices beginning January 10.