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| Economy |
| Ruble up 38% versus US$ in 2025 Despite Sanctions Courtesy of Tariff Uncertainty |
| 2025-04-18 |
| [FinancialPost] Russia’s ruble has surged to become the best performing global currency, posting this year’s strongest gains against the U.S. dollar to outpace even the traditional safe haven of gold. The uncertainty is temporary — enjoy it while you can, guys. The arbitrageurs certainly will. |
| Posted by:Clem+Elmish4239 |
| #4 You mean the Fed/US Treasury doesn't manipulate the US dollar? |
| Posted by: DooDahMan 2025-04-18 18:03 |
| #3 The ruble has a very limited number of businesses and countries, outside of Russia, that are willing to use it for trade that it's very easy for the Bank of Russia to manipulate it. |
| Posted by: Mullah Richard 2025-04-18 16:45 |
| #2 Rubble up 38% I thought this was going to be about Gaza. Never mind! |
| Posted by: SteveS 2025-04-18 13:31 |
| #1 and oil continues to fall |
| Posted by: Frank G 2025-04-18 13:14 |