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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 the best performing currency of 2015 in the forex market. Despite being far from its pre-recession levels (in January 2014, US$1 equaled roughly 33 Russian rubles), it is currently trading at roughly 52 rubles to US$1 (an increase in value from 80 rubles to US$1 in December 2014). [57]
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.
The first Russian ruble (RUR) introduced in January 1992 depreciated significantly versus the US dollar from US$1 = 125 RUR to around US$1 = 6,000 RUR (or 6 RUB) when it was redenominated in January 1998. The new ruble then depreciated rapidly in its first year to US$1 = 20 RUB before stabilizing at around US$1 = 30 RUB from 2001 to 2013.
Before 1991, Soviet Union and India traded in rupee-ruble exchange during Cold War. [62] Mutual trading between India and Russia is done mostly in rubles and rupees instead of dollars and euros. [63] In March 2022, India and Russia entered for a Rupee–Ruble Trade Arrangement. [64] India is buying Russian oil in U.A.E. dirham and also in ...
While the government has poured an estimated 2.75 to 3 trillion rubles (equivalent to 1.4-1.6% of Russia's expected GDP in 2024) into payments for soldiers, the wounded, and families of the ...
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian companies were listed, with a market capitalization of US$950 billion as of December 2010.