Ruble Is Top Performing Currency as US Trade War Hits Dollar: Bloomberg
![]() 2619 Tuesday, 15 April, 2025, 22:03 Russia’s ruble has surged to become the best performing global currency, posting this year’s strongest gains against the dollar to outpace even the traditional safe haven of gold. The ruble has strengthened 38% versus the dollar on the over-the-counter market since the beginning of this year, data compiled by Bloomberg shows. While the greenback has reeled from mounting pressure caused by US President Donald Trump’s escalating tariff wars, Russia’s currency has also been buoyed by factors unique to the country, including record-high local interest rates. |
EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts
478Yesterday, 22:27US readies Russia sanctions
109003.05.2025, 01:09Trump proposes $163 billion cut to federal budget
108302.05.2025, 20:51#Reuters: "US, Ukraine may wait decade or more to see revenue from minerals deal"
114702.05.2025, 14:09Orban: "EU policy aimed at supporting Ukraine will lead to the bankruptcy of Europe"
83302.05.2025, 12:45Trump says buying Iranian oil must stop, threatens secondary sanctions on purchasers
75502.05.2025, 00:35Mikhail Agasandyan: "The EAEU will apply legal mechanisms in case of violations by Armenia"
82901.05.2025, 13:03Trump tariffs live updates: China eases tariffs on select US goods as Trump says Beijing will 'eat’ the costs
95630.04.2025, 20:33