PHOTO
A Russian flag flies over Russian Central Bank headquarters in Moscow, Russia December 3, 2018.
Russia's central bank said on Thursday it would now set the rouble rate based on the results of interbank operations in the over-the-counter foreign exchange market each day at 3:30 p.m. (1230 GMT), after new U.S. sanctions forced a Moscow trading halt.
The bank said it has been calculating official exchange rates in this way since October 2022 and that the divergence from the official exchange-traded rate for the dollar and euro has showed only "insignificant deviations" in that time. (Reporting by Maxim Rodionov and Alexander Marrow; editing by Guy Faulconbridge)