Share on facebook
Share on twitter
Share on linkedin
Share on telegram
Share on whatsapp

Russia’s Ruble Hits Two-Year High Against Dollar, Euro

The Russian ruble rose to its strongest position against the US dollar in over two years on Tuesday (May 3), amid reports that Russia’s dollar payments on two foreign bonds reached the creditors just before the deadline, averting a default.

The exchange rate reached 66.43 rubles per dollar at 13:06 GMT during Tuesday’s foreign exchange trading, Bloomberg data showed, although the Russian currency lost some of its gains later in the day. The Moscow Exchange was closed on Tuesday due to an extended public holiday.

When trading in Moscow opened on Wednesday (May 4), the Russian currency was at just under 69 rubles per dollar at 09:12 GMT, the highest level since May 2020.

The ruble has been strong against the euro as well, touching 72.00 in morning trading in Moscow, its highest point since February 2020.

    Russia Moves to Withdraw From WHO, WTO

    Proposals for ending membership in the international organizations have been sent to the parliament RT – Russia’s lower house of parliament, the State Duma, is

    Biden seeks $33B for Ukraine

    Russia’s President Vladimir Putin has warned the West of a “lightning fast” response to any country that intervenes in its war against Ukraine war and

    Poland seizes Russian gas assets

    Energy producer Novatek has been ordered to hand over its transmission infrastructure to the country’s state-owned firms RT – Warsaw has obliged the Polish subsidiary

    Top 10 Stories of April 23, 2022

    Zelensky Says He’ll Meet the U.S. Secretary of State and Pentagon Chief in Kyiv Tomorrow — They will be the highest-ranking U.S. officials to visit

    Top 10 Stories of April 21, 2022

    Putin Says Mariupol is “Liberated,” Calls Off Assault on Steel Plant — Instead of the assault, Putin ordered the steel plant to be put under

    0
    Would love your thoughts, please comment.x
    ()
    x

    Get in Touch!

    Purpose of your Contact
    Where can i reach you?
    What would you like to discuss?
    • Bitcoin
    • Ethereum
    Scan to Donate Bitcoin to 1212P3t2h8hK8mF5D1DvKC6Sovxrrq87Gy

    Donate Bitcoin to this address

    Scan the QR code or copy the address below into your wallet to send some Bitcoin

    Scan to Donate Ethereum to 0x406ac4558E9cA21B4Aa85CD5512e22fb3A8797Da

    Donate Ethereum to this address

    Scan the QR code or copy the address below into your wallet to send some Ethereum