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Russia's ruble becomes world's best performing currency vs US dollar
short by Ankush Verma / on Tuesday, 19 May, 2026
Russia's ruble has become world's best performing currency against US dollar so far this quarter, Bloomberg reported. This comes as Russia saw a surge in foreign currency receipts from oil sales following the outbreak of war in the Middle East. The ruble has advanced roughly 12% since start of April to 72.6 per dollar, the strongest level since February 2023.
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