OREANDA-NEWS  At the beginning of trading on Friday, November 15, the yuan exchange rate on the Moscow Stock Exchange soared to its highest since October last year. This is evidenced by the data of the site.

In the first minutes after the start of the exchange, it rose to 13.82 rubles. The Chinese currency set a historical record on October 9, 2023, when it reached 14.03 rubles. Since the beginning of autumn, the yuan has risen in price by one and a half rubles.

The Moscow Stock Exchange index is around 2,700 points, it shows a slight increase after a serious drop — more than 50 points per day — the day before.

The day before, the dollar exchange rate from the Central Bank exceeded 99 rubles for the first time in more than a year. At the same time, in Forex, the value of the dollar at the moment rose above 100 rubles.

Earlier, Bloomberg, citing its own sources, noted that the Russian authorities had accepted the weakening of the ruble, expecting that it would benefit federal budget revenues in 2025.