Ruble strengthens to 11-month high as Russia squeezes out US dollar from its economy ...News

Russia Today - Economy
Ruble strengthens to 11-month high as Russia squeezes out US dollar from its economy
source : Russia Today ( News ) () 25
The Russian ruble has hit the strongest level against the US dollar since July 2020, as global crude oil prices are on the rise and the country continues to eliminate dollar holdings from its currency reserves. The Russian currency was trading at around 72 rubles against the greenback on Wednesday as oil prices hit a 26-month high, and the country’s monetary regulator hiked key rates to rein in inflation. Meanwhile, Russian bond yields rose last week even as US yields retreated. “There’s likely to be more room for further gains in the ruble in the near term as oil prices and local bond yields rise further,” Emerging Markets Economist L

Hence then, the article about ruble strengthens to 11 month high as russia squeezes out us dollar from its economy was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Ruble strengthens to 11-month high as Russia squeezes out US dollar from its economy )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Firms improving design of products and services under Consumer Duty, FCA finds
INDEPENDENT - before 5 hours & 24 minute
ITC Makes Affirmative Final Determination in Critical Trade Case on Fiberglass Door Panels from China, Wiley Reports
PR Newswire - before 7 hours & 8 minute
Игра становится ближе -- инновационные дисплеи Hisense выводят просмотр FIFA World Cup 2026™ на новый уровень
PR Newswire - before 6 hours & 48 minute
Cognizant will die Zahl seiner „Frontier Certified Engineers" auf 5.000 und die seiner „Frontier Business Operators" auf 10.000 erhöhen
PR Newswire - before 5 hours & 43 minute
US LNG exporter cashes in on Iran war
Russia Today - before 5 hours & 37 minute
HelloNation Article Featuring Veterinary Expert Dr. Ashley Wheatley Explains When a CT Scan for Pets Is Needed
PR Newswire - before 10 hours
Iran War May Ignite Middle East Market Share Race, But Not Yet
OILPRICE - before 11 hour & 42 minute
St. Johns County Launches New SJC Stewardship Video Series
PR Newswire - before 11 hour & 32 minute
SMArtX Advisory Solutions Expands Manager Marketplace with Investment Strategies from 27 Leading Asset Management Firms
PR Newswire - before 9 hours & minute
China Walks Away From Georgia's Strategic Deep-Water Port Project
OILPRICE - before 10 hours & 40 minute
The Coming Power War That Will Define the AI Era
OILPRICE - before 4 hours & 40 minute
Washington Draws a Line for Iraq’s New Leader
OILPRICE - before 8 hours & 36 minute


Latest News

The Coming Power War That Will Define the AI Era

before 4 hours & 40 minute

Migu and Lenovo Turn World Cup Predictions into a Human vs. AI Competition

before 5 hours & 9 minute

OpenAI’s CEO of AGI Deployment Fidji Simo Is Stepping Down

before 5 hours & 22 minute

Firms improving design of products and services under Consumer Duty, FCA finds

before 5 hours & 24 minute

US LNG exporter cashes in on Iran war

before 5 hours & 37 minute

People Are Talking About Contango While Oil Markets Are Far From Recovered

before 5 hours & 40 minute

Cognizant will die Zahl seiner „Frontier Certified Engineers" auf 5.000 und die seiner „Frontier Business Operators" auf 10.000 erhöhen

before 5 hours & 43 minute

Two Hands Corporation Confirms Completion of Voluntary Delisting from the Canadian Securities Exchange and Provides Update on Quantum-Focused Corporate Name Change

before 6 hours & 5 minute

The Strait Of Malacca Faces Growing Fears Of Copycat Shipping Fees

before 6 hours & 44 minute

Игра становится ближе -- инновационные дисплеи Hisense выводят просмотр FIFA World Cup 2026™ на новый уровень

before 6 hours & 48 minute

ITC Makes Affirmative Final Determination in Critical Trade Case on Fiberglass Door Panels from China, Wiley Reports

before 7 hours & 8 minute

Peptide Tracker Launches on Google Play, Bringing Dedicated Protocol Tracking to Android

before 7 hours & 31 minute

America's Answer to China's Molten Salt Reactor

before 7 hours & 38 minute

Cullen/Frost Bankers, Inc. Hosts Second Quarter 2026 Earnings Conference Call

before 7 hours & 53 minute

Turkey and Iraq Move to Keep Critical Oil Export Route Alive

before 8 hours & minute