Since the beginning of the year, the ruble has strengthened against the dollar by 13%, becoming the most promising currency in emerging markets.

14:23; 21 February 2025 year

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Bloombergназвал

The sharp strengthening of the ruble against the dollar brought it to the first place in terms of exchange rate growth among all emerging market currencies. The reason for this was a drastic change in the political course of the United States.

"The successful start of negotiations between Russia and the United States, as well as strong comments from Trump, allowed the markets to maintain positive expectations," the agency quoted Promsvyazbank analyst Denis Popov as saying.

At the same time, Bloomberg emphasizes that it is too early to draw conclusions about the prospects for further dynamics of the Russian currency, since there is still no final decision on the Ukrainian issue.

"If the geopolitical situation does not change in the end, then, according to our estimates, the fair level of the exchange rate at current oil prices will remain above 100 rubles per dollar," a Renaissance Capital representative commented to the agency.Oleg Kuzmin.

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