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".

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