Russian ruble (USD/RUB) faces moment of reckoning as war intensifies

The Russian ruble has had a rough ride since the invasion of Ukraine started in 2022. After initially soaring to a record high of 154, the USD/RUB exchange rate plunged to a low of 50.77. This 67% sur...

Russian ruble (USD/RUB) faces moment of reckoning

The USD/RUB price continued its comeback after several Fed officials turned extremely hawkish following the strong US economic numbers. It also rebounded as natural gas prices crashed to the lowest po...

Yuan-ruble trading explodes 1,000% in latest challenge to U.S. dollar’s dominance

The Russian ruble has rebounded sharply off the lows seen after the invasion of Ukraine, although there remains a wide margin between prices quoted in Moscow and those quoted offshore. But in the late...

Dollar’s dominance could get diluted by sanctions against Russia, IMF official tells Financial Times

The dollar’s dominance within the international monetary system is at risk of undergoing a gradual “fragmentation” as a result of financial sanctions being imposed on Russia, Gita Gopinath, the Intern...

Russian Central Bank Changes Process of USD-RUB Rate Calculation

The Central Bank of Russia is changing the procedure of calculating and publishing the official foreign exchange rates as the value of the ruble against the US dollar plummeted over the past few weeks...

USD/RUB forecast: Ruble could rebound as commodity prices jump

The USD/RUB pair is hovering near its all-time high as investors avoid the toxic Russian ruble. It is trading at 114.8, which is a few points below its all-time high of 121. It has jumped by over 50% ...

USD/RUB – 130 this Week, 150 by the Next Week

Despite the fact that Minister of Foreign Affairs Dmitry Kuleba said in advance that his expectations are restrained. The experience of negotiations between the delegations of Russia and Ukraine shows...

The Dow Jones Industrial Average heads for its first correction in 2 years. Here’s the level to watch.

An ugly stretch for U.S. equities was intensifying as the crisis in Ukraine worsened and investors weighed the prospect of further sanctions to cripple the Russian economy as the Kremlin wages war in ...

USD/RUB Price Challenges 200 DMA After Slipping Below $80.0

The USD/RUB pair retains the $76.0 threshold, where it currently hovers. The US dollar eased alongside benchmark US 10-year bonds yields. The 10-year Treasury note currently trades at 1.93% after test...