The Central Bank’s unprecedented monetary policy tightening and draconian capital and foreign exchange controls seem to have mostly stabilized the...
News Category: Exchange Rate
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Russia: Ruble recovers lost ground despite worsening economic backdrop -
Russia: Ruble recovers some lost ground though early June The Russian ruble continued to regain ground against the U.S. dollar over the past month after sliding to a four-year... -
Russia: Ruble plummets to four-year low in March as oil prices collapse The Russian ruble dived further against the U.S. dollar in recent weeks, stricken by collapsing global oil prices and a... -
Russia: Ruble slumps at 2020 outset as coronavirus fears mount and oil prices dive The Russian ruble lost significant ground against the U.S. dollar in the opening months of the year, weighed on by... -
Russia: Ruble rallies at start of 2019 The Russian ruble recovered lost ground against the U.S. dollar at the beginning of the new year, after weakening sharply... -
Russia: Ruble plunges following U.S. sanctions and emerging markets selloff The Russian ruble tumbled in August, falling to the lowest levels seen in over two years. On 30 August, the... -
Russia: U.S. sanctions pummel ruble The imposition of new sanctions by the U.S. caused the ruble to dive in April and triggered a sharp sell-off...