Home » Entertainment » The Ruble Shows Signs of Recovery Following Central Bank’s Rate Hike, but Remains Near 2022 Low Against Dollar and Euro

The Ruble Shows Signs of Recovery Following Central Bank’s Rate Hike, but Remains Near 2022 Low Against Dollar and Euro

The ruble raised its head on Tuesday after a significant hike in the Russian Central Bank’s key rate, but still remained close to its lowest since March 2022 against the dollar and the euro.

Around 09:25 GMT (11:25 CET), the ruble climbed 2.22% against the greenback to 98.593 rubles to the dollar.

The Russian Central Bank (BCR) raised its rate on Tuesday…

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2023-08-16 08:13:23
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