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Saturday, August 19, 2017

RUONIA at 6.41 percent, volume nears $3 billion

The rate of the Ruble Overnight Index Average - RUONIA - is currently at 6.41 percent with a transaction volume of $2.97 billion.

RUONIA is calculated by the Bank of Russia according to the methodology developed in cooperation with the National Foreign Exchange Association on the basis of the information on overnight deposit transactions of the leading Russian banks.

The list of banks participating in the RUONIA calculation is formed by the NFEA Expert Council and agreed with the Bank of Russia.

The Bank of Russia transfers to the NFEA the data on RUONIA to be published the next business day by 5 p.m. Moscow time.