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Any curbs to Russian access to its foreign reserves could present a bigger blow to the Russian economy than the impact of a ban on Swift.
Russia attacking Ukraine has sparked volatility and a flight to safe-haven currencies such as CHF.
Russian food is plentiful, home cooked, and delicious. Soups are very good. The bread is delicious. Food in the supermarkets is plentiful and reasonably priced. There is a wide variety of teas, chocolates, dairy products, produce, candies, and vod...
Recent analyses indicate that the RUB to USD exchange rate has been characterized by significant volatility, currently trading at 0.012518, which is 0.7%...
The EUR to RUB exchange rate, currently at 92.62, has experienced a slight uptick of 1.5% above its three-month average of 91.23.
The GBP to RUB exchange rate has faced significant downward pressure recently, with the pound (GBP) closing July at its lowest point in nearly two years.
The exchange rate forecasts for the USD to RUB have recently been influenced by a combination of economic indicators, geopolitical events, and commodity price movements.