For political reasons that everyone knows, and due to the repercussions of the Ukrainian-Russian crisis, everyone is eagerly awaiting the status of the Russian ruble currency.
With the beginning of the crisis, the Russian ruble fell against the dollar last February
From 74 rubles per dollar to about 130 rubles per dollar with the beginning of the entry into force of economic sanctions,,
But after a very short period of time, the Russian ruble became the best-performing currency in the world since the beginning of the year against the dollar
As he compensated for all his losses against the dollar, he was not satisfied with it, but rather turned towards achieving gains.
Logic tells us that as a result of what happened, if the situation continues as it is and you do not see a strong change in the situation that would restrict the Russian movements, we will see the Russian ruble achieve more strength against the dollar
As shown in the chart, we may see the value of the Russian ruble become 32 rubles per US dollar, and it may achieve much more than that.
Only days will tell if we see this or not
With the beginning of the crisis, the Russian ruble fell against the dollar last February
From 74 rubles per dollar to about 130 rubles per dollar with the beginning of the entry into force of economic sanctions,,
But after a very short period of time, the Russian ruble became the best-performing currency in the world since the beginning of the year against the dollar
As he compensated for all his losses against the dollar, he was not satisfied with it, but rather turned towards achieving gains.
Logic tells us that as a result of what happened, if the situation continues as it is and you do not see a strong change in the situation that would restrict the Russian movements, we will see the Russian ruble achieve more strength against the dollar
As shown in the chart, we may see the value of the Russian ruble become 32 rubles per US dollar, and it may achieve much more than that.
Only days will tell if we see this or not