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Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
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, [45] 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.
On 26 August 1998, the Central Bank terminated dollar-ruble trading on the MICEX, and the MICEX did not fix a ruble-dollar rate that day. On 2 September 1998, the Central Bank of the Russian Federation decided to abandon the "floating peg" policy and float the ruble freely. By 21 September, the exchange rate reached 21 rubles for one US dollar ...
The inflation rate rose to 17.8 percent in April. Also the ruble reached its strongest level against the U.S. dollar in four years, hurting exports. [43] The central bank announced a possible rate cut in 2025 due to stabilising inflation on the 1000th day of the Ukraine war. [44]
Stocks surged and the dollar fell Monday after a report said Trump's tariff plans may be watered down. The report followed Trump's broad tariff threats against Canada and Mexico late last year.
The silver ruble was used until 1897 and the gold ruble was used until 1917. The Soviet ruble officially replaced the imperial ruble in 1922 and continued to be used until 1993, when it was formally replaced with the Russian ruble in the Russian Federation and by other currencies in other post-Soviet states.
Russia has fined Google an eye-popping 20 undecillion rubles ($2.5 decillion) for removing Russian state-run and government YouTube channels in the wake of the country’s invasion of Ukraine in 2022.