Search results
Results from the WOW.Com Content Network
As of 1 February, one U.S. dollar was worth Rbls 15,400; by Tuesday, it fell to Rbls 15,450 to the dollar, as per data from the Belarusian Central Bank's website. [22] As of mid-March 2022, the Belarusian ruble had reached an all-time low of Rbls 3.33 per US$1, during fallout from the 2022 Russian invasion of Ukraine.
In April, Belarusian banks were given informal permission of government to increase the exchange rate to 4,000 BYR for 1 dollar (later 4,500 BYR), but few people started to sell dollars and euro. On May 24, the ruble was officially devalued by 36% (from 3,155 to 4,931 BYR per 1 dollar). [36] But the shortage of the currency retained.
On Wednesday, the ruble consequently fell below the rate of 114 to a dollar, the lowest level since early March 2022. The Moscow daily Rossiyskaya Gazeta called it a “panic attack for Russia’s ...
The ruble was subject to fluctuation when, in April 2022, the ruble went above its pre-full scale invasion level after falling as low as 150 ₽ per dollar in early March, [32] with the longer-term trend showing a steady decline from mid-2022 to mid-2023, falling from 60 ₽ to 90 ₽ per dollar.
The ruble that Elvira Nabiullina manages crashed through the psychological support of 100 to the U.S. dollar and on Monday is now worth less than a penny, the first time since March 23 of last year.
Russia's attempt to pay dollar bonds using rubles was ruled a "potential failure to pay event" by the Credit Derivatives Determinations Committee.
5,000 Russian rubles of the 2023 series, the highest available nominal in circulation 500 Belarusian rubles of the 2009 series, the highest available nominal in circulation The ruble or rouble ( / ˈ r uː b əl / ; Russian: рубль , IPA: [rublʲ] ) is the currency unit of Russia and Belarus .
By 2013, the value of the ruble had dropped to 11.10 rubles per dollar. This was further changed to 11.30 per dollar on 16 March 2016. On 17 June 2017, the currency was devalued to 15 rubles per dollar. It was set to 16 per dollar on 12 January 2018. The most recent change was made on 5 April 2018, when it was set to 16.10 rubles per dollar.