The Russian currency has increased 12% against the greenback since April despite repeated predictions of depreciation, the outlet has reported
The Russian ruble has become the world’s best-performing currency against the US dollar in the second quarter of 2026, boosted by a surge in oil revenues, Bloomberg has reported.
Data compiled by the outlet showed the ruble had climbed about 12% since the start of April to around 72.6 per dollar, its strongest level since February 2023.
For a second straight year, the currency has diverged from official and market forecasts that predicted depreciation, prompting some analysts to argue the ruble is…
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