Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
The Associated Press

Ruble hits lowest value against USD since early in Ukraine war

Copyright 2023 The Associated Press. All rights reserved

The ruble dropped against the United States dollar in trading Friday in Moscow to its lowest level since the first month of the war in Ukraine.

The decline to 95 rubles against the dollar continued the Russian currency's consistent fall since the beginning of the year, when it traded at around 65 — a drop of about 30%.

Friday's value was the lowest point since March 28, 2022, state news agency Tass reported.

After Russia sent troops into Ukraine in late February 2022, the ruble plunged to as low as about 120 against the dollar, but recovered quickly as the Russian Central Bank undertook support measures.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.