The Russian currency has outperformed those of other countries this year, the outlet has said

The Russian ruble has surged more than any other major global currency this year, marking its strongest performance since 1994, according to Bloomberg calculations.

The nation’s currency has also become one of the world’s five highest-yielding major assets this year, trailing only precious metals – platinum, silver, palladium, and gold.

The ruble has risen 45% since the beginning of the year, trades near 78 per dollar and is approaching levels not seen since before the escalation of the Ukraine conflict in 2022, the outlet said on Wednesday.

The ruble’s…

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