The Russian ruble exceeds gold, becomes the best currency in 2025
The Russian currency has been strengthening in the context of the decline in the American dollar rate in the middle of commercial wars.
Photo: Freepik.com from Eddcheine
Russian rubles
Since the beginning of the year, the Russian Rool has demonstrated the highest growth against the dollar compared to other global currencies. The ruble has even exceeded gold, which is traditionally called in dollars, according to Bloomberg.
The agency reports that the ruble has been appreciated by 38% against the dollar in the free sale trade since the beginning of the year, while one of the most popular safe assets has increased by 23% in the same period.
For comparison:
- The Swedish Krona won 14% against the dollar,
- The Swiss Franco – 11%,
- Silver – for 12%.
Bloomberg Attributes the ruble of the ruble to the growing pressure on the US dollar due to the growing commercial wars under the US president Donald Trump, As well as specific factors related to the geopolitical sitting of Russia and the policy of the Central Bank, they must, in particular, high interest rates.
Unlike many emerging market currencies, the ruble is not under the pressure of capital exits caused by foreign investors who withdraw from risk assets, experts point out. This is a consequence of previous sanctions, which had already expelled foreign investors from the Russian markets. Meanwhile, the gradual normalization of diplomatic relations between Russia and the United States has caused a growing interest in Russia’s high performance assets.
The dollar reaches the drop of six months
On Monday, April 14, the US dollar reached a minimum of six months amid investors on the economic policy of the United States, Bloomberg Grades. The latest actions of the Trump administration have undermined confidence in the US dollar bonds and treasure as safe investment instruments, according to the agency.
In addition to the high interest rates, which suppress corporate demand and import consumers, and Russia’s relative immunity to commercial wars, the ruble is also being backed by foreign exchange sales of the National Richness Fund, aimed at compensating the fall in oil fall in greased liling.
However, the combination of the decrease in oil prices and a strengthening ruble poses challenges for the Russian budget, since it reduces export income. The Russian government has based its 2025 budget on an average exchange rate of ₽96.5 per US dollar – Approximately 14% lower than the current rate. As or April 15, the official exchange rate of the Central Bank is in ₽82.77 per dollar.
Detailed
He Rable ORPÍN ruble (; Russian: рunceIPA: [rublʲ]) It is a monetary unit. Currently, appointed coins Rable In circulation they include the Russian Robble (Rub, ₽) in Russia and the Belarusian ruble (Byn, RBL) in Belarus. These currencies are divided into a hundred heads. No Kopek is currently formally disadvantaged, Althehegh denya (½ head) and Polykka (½ denga, thus ¼ header) were coined until the nineteenth century. In addition, the Transnistrian ruble is used in Transnistria, a non -recognized separatist province of Moldova.
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