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| Name | Symbol | Market | Type |
|---|---|---|---|
| US Dollar vs Russian Ruble | FX:USDRUB | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 91.085 | 91.07 | 91.10 | 91.085 | 91.085 | 0 | 01:00:00 |
From May 2019 to May 2024
The Russian Rouble plunged against the U.S. dollar on Friday, as oil cartel OPEC decided not to cut production despite a huge oversupply in world markets.
The OPEC members, at their meeting on Thursday, decided to maintain the cartel's collective production ceiling of 30 million barrels, taking crude oil prices to a fresh four-year low.
Since Russia's budget revenues is chiefly dependent on energy exports, OPEC decision hit hard the Russian stocks also.
International sanctions imposed on Russia over its role in Ukraine crisis and fall in oil prices had weighed on the Rouble in the past few months.
The rouble fell by 1.1 percent to 49.71 against the greenback, a new record low. The pair was valued at 49.15 at Thursday's close.
1 Year US Dollar vs RUB Chart |
1 Month US Dollar vs RUB Chart |
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