Ruble has become the most profitable global currency - Bloomberg

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09:04; 16 April 2025 year
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Since the beginning of 2025, the Russian ruble has strengthened against the dollar by 38% in over-the-counter trading. This is reported by the Bloomberg news agency.

According to economists, the ruble has become the most profitable global currency amid the weakening of the US dollar due to the introduction of US trade duties.

gt;- Unlike many other emerging market currencies, the ruble is not under pressure due to capital outflow, which is caused by the withdrawal of global investors from riskier assets, experts say.

The noticeable thaw in relations between the Russian Federation and the United States also reflected the increased attractiveness of the ruble for investors. Economists expect that the factors supporting the ruble will continue in the future.

In March, the Central Bank increased the real effective exchange rate of the ruble (against the currencies of the main trading partners of the Russian Federation, adjusted for inflation) by 7.1% compared to the previous month. In January-March, the ruble exchange rate increased by 19.2% compared to the same period last year.