Business & Economy

The ruble is booming and makes an excellent figure

Contrary to expectations, and despite the intensity of Western sanctions against Russia, the Russian ruble achieved a remarkable performance, and recorded a new rise against the US dollar, recording today 59 rubles per US dollar.
The Russian currency crossed the 60 rubles per US dollar barrier for the first time since 2018.
This performance is considered a shock to the West, which expected the collapse of the Russian currency under the pressure of sanctions, popular discontent over the Russian-Ukrainian war, and the capital’s fear of investing in Russia.

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