USD/RUB forecast: here’s why the Russian ruble is soaring
The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...
Hosted on MSN2mon
Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
The ruble has come off its lows from earlier in the week after the central bank halted all foreign currency purchases for the remainder of the year, but it remains battered—and resources for ...
THE WEEK1y
How the collapse of the ruble could impact the war in Ukraine
Tatiana Orlova, a lead emerging market economist at Oxford Economics, told the Journal that the ruble's collapse may not all be due to the war but simply because "August is often a bad month for ...
TASS2y
Ruble becomes world’s best performing currency this year — Bloomberg
The agency stresses that the ruble’s gains "result from a series of measures taken by the government to defend the battered currency in the aftermath of Western sanctions" NEW YORK, May 12.
TASS2y
Ruble demonstrating best dynamics among all world currencies this year, says Putin
TASS/. The ruble has been demonstrating the best dynamics among all world currencies this year, Russian President Vladimir Putin said at a meeting on economic issues on Thursday. "Amid the record ...
Business Insider7d
Russians are buying huge amounts of gold with the ruble under pressure from high inflation and sanctions
Russians have been piling up gold — which investors often view as a safe-haven asset— as surging inflation and strict sanctions eat into the value of the ruble domestically and internationally.