USD/RUB forecast: here’s why the Russian ruble is soaring
The daily chart shows that the USD/RUB exchange rate rose to a high of 114.48 in 2024 as the Russian economy remained on edge ...
THE WEEK1y
How the collapse of the ruble could impact the war in Ukraine
The Russian ruble has been declining steadily and reached a 17-month low this week, tumbling past 100 rubles to the U.S. dollar. This gives the ruble less value than a single American cent and ...
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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 ...
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Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
The ruble—currently worth a fraction of a penny ... “This is a situation probably without precedent in modern world history, when the central bank rate is 2.5 times higher than inflation ...