Ruble hits two-year high against dollar
Balazs Barabas
The Russian currency has also surged against the euro, boosted by government policy support The Russian ruble surged to a two-year high against the US dollar on Thursday, buoyed by strong trade inflows and supportive government policies, according to analysts. The ruble was trading below 75 to the dollar, marking its strongest level since 2023. The currency also strengthened to 86.5 against the euro, gaining more than 5%. The rally caps two months of rising fortunes for the ruble, partly driven
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