Russian Ruble Slumps Against Dollar, Euro Despite IMF GDP Forecast
The Russian ruble has failed to repeat its monster 2022 so far this year, weakening against many of its major currency rivals. Despite surprising economic…
Posts Tagged: USD/RUB
USD/RUB Falls Below 73.00 As Ruble Extends 2022 Gains
The Russian ruble added to its 2023 gains in overnight trading on Thursday amid mixed economic data. Despite the international community applying a plethora of…
USD/RUB Flat To Start Second Half of 2022 After 27% YTD Gain
The Russian ruble kicked off the second half of 2022 flat against its US counterpart, but it was able to record a tepid weekly gain….
Russian Ruble Adds to 2022 Gains As Central Bank Cuts Interest Rates to Pre-Invasion Level
The Russian ruble settled the week with an exceptional gain after the central bank cut interest rates to pre-invasion levels, suggesting that the country is…
Russian Ruble Becomes Top-Performing Currency After Central Bank Slashes Interest Rates
The Russian ruble added to its monumental gains on Thursday after the central bank slashed interest rates. Despite economic sanctions and financial restrictions over Russia’s…
Russian Ruble Strengthens on Strong Economic Data, Central Bank Rate Cut
The Russian ruble strengthened against the US dollar to start the trading week, despite a potential oil embargo from the European Union. Market analysts have…
USD/RUB Rises As Reserves Dip, World Bank Forecasts 11% Contraction in Russia
The Russian ruble is slightly weakening to kick off the trading week, although the currency is hovering around its pre-invasion level. The ruble has held…
Russian Ruble Returns to Pre-Invasion Level Against Dollar, Euro
The Russian ruble returned to its pre-invasion level in the middle of the trading week. The ruble has strengthened as Moscow continues to engage in…