Resurgent ruble turns back time ...News

Russian currency has doubled in value since last month's crash The Russian currency strengthened to just under 72 rubles to the US dollar and to 77 against the euro during trading on the Moscow Exchange on Friday. The ruble has now reached its strongest level versus the dollar since last November and against the euro going back to June 2020. The ruble dropped to historic lows after Moscow launched its military operation in Ukraine in February, after which the EU and US along with allies imposed unprecedented sanctions targeting the country's financial system. On March 7, the Russian currency fell to as low as 150

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