By Bloomberg News
February 20, 2025 at 1:16 PM GMT
The ruble has strengthened 13% versus the greenback since the beginning of the year, making it the best performing currency in the emerging market universe, data from the Bank of Russia and Bloomberg show. The central bank set the ruble’s official exchange rate at 88.51 to the dollar for Friday, the strongest since August.
(it is today even stronger, at 84 instead of the 88 in this article. It was at 115 3 months ago. From 115 to 84 is a very big change)
You posted an article from Feb 20, talking about the YTD performance.
The rubble fell in 2024, so it clawed its way up in the starting months of this year.
It was 0.011 rubble to 1 USD on 25 March 2024
It is 0.012 rubble to 1 USD on 25 March 2025
Sorry, mixed up the currency
You posted an article from Feb 20, talking about the YTD performance.
The rubble fell in 2024, so it clawed its way up in the starting months of this year.
It was 0.011 USD to 1 rubble on 25 March 2024
It is 0.012 USD to 1 rubble on 25 March 2025