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@kfm Mon, 20 Jan 2025 13:16:19

What Trump’s presidency could mean for Russia’s rouble

By Reuters With Donald Trump’s pledge to quickly end the war between Ukraine and Russia, market players are starting to look at what impact that could have on the rouble, which became an outcast following sanctions. HOW HAS THE ROUBLE FARED IN RECENT MONTHS? The rouble RUB= started the year slumping to its weakest mark since March 2022 but has strengthened by about 10% since, becoming the best performing currency across emerging markets in 2025. Despite U.S. energy sanctions imposed on Jan. 10, the currency is on track for its best month since emergency interest rate hikes, capital controls and other measures shored it up in the wake of the February 2022 invasion of Ukraine. In 2024, it started strengthening […] The post What Trump’s presidency could mean for Russia’s rouble first appeared on 93.3 KFM.

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