周五，俄罗斯卢布兑美元汇率从盘中早些时候触及的五个月低点85飙升至82。央行将基准利率下调100个基点至17%，与今年早些时候CBR下调增长预测200个基点的预期形成鲜明对比。货币政策制定者强调，通胀预期仍然很高，劳动力市场仍然紧张，需要对削减周期保持谨慎。今年，卢布得到了克里姆林宫资本管制的支持，克里姆林宫的公司出售了40%的出口收益，尽管克里姆林宫表示，公司出售了70%的收益。尽管如此，由于对增长的担忧和出口疲软，人民币仍低于今年76的峰值。国际能源署表示，8月份石油和燃料出口收入下降，原因是中国需求疲软，印度面临美国关税的不利影响。

The Russian ruble surged past 82 per USD on Friday from the five-month low of 85 touched earlier in the session amid a hawkish pivot by the Bank of Russia. The central bank cut its benchmark rate by 100bps to 17%, contrasting from expectations of a 200bps cut despite the downward revision to growth forecasts by the CBR earlier this year. Monetary policymakers stressed that inflation expectations remained elevated and that labor markets remained tight, warranting caution on the cutting cycle. The ruble had been supported this year by capital controls by the Kremlin, which has companies selling 40% of export proceeds, although the Kremlin has stated that firms are selling 70% of their earnings. Still, the currency holds weaker than this year's peak of 76 on growth concerns and softer exports. Oil and fuel export revenues sank in August, according to the IEA, amid softer demand from China and headwinds from India as they face tariffs from the US.