The Russian ruble has staged a stunning rally in 2025, emerging as the world’s top-performing currency so far this year.

Russian ruble banknotes. The Russian currency has plunged to its lowest level against the U.S. dollar since the start of the war in Ukraine. Russian ruble banknotes. The Russian currency has ...

Russia’s central bank cut interest rates by 100 basis points on Friday, bringing the key rate down to 20% for the first time ...

REUTERS/Ilya NaymushinAn employee counts Russian ruble banknotes at a private company's office in Krasnoyarsk, Siberia, December 17, 2014 The Russian ruble fell past the 100-per-dollar threshold ...

That comes after the value of the ruble cratered following Russia’s invasion of Ukraine and was at one point worth less than a penny. After Russia invaded Ukraine in February, the U.S. and ...

Ekaterina Pravilova’s The Ruble: A Political History persuasively ... circulated alongside bank notes ostensibly backed 25 percent by gold. But with its gold reserves impaired by the war effort ...

Russian ruble banknotes are pictured in front of US dollar banknotes on March 9, 2015. Photo: Reuters “To say that the ruble was volatile on Friday would be an understatement,” Locko Invest head ...

Even as Russia marks a historic default on its debt, the nation's currency is gaining strength. The ruble hit a new high against the dollar this week, continuing its streak as the best-performing ...

REUTERS/Ilya NaymushinAn employee counts Russian ruble banknotes at a private company's office in Krasnoyarsk, Siberia, December 17, 2014 The Russian ruble fell past the 100-per-dollar threshold early ...