The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
Analysts suggest that the ruble’s remarkable performance is largely due to the absence of capital outflows that typically occur when global investors pull back from riskier markets. This trend has been exacerbated by ongoing geopolitical tensions and trade conflicts, which have resulted in a weaker US dollar. Additionally, Russia’s high key interest rate has provided further support to the ruble, making it more attractive to investors compared to other currencies.
Experts point out that the ruble’s strength is also a result of the broader economic environment, particularly the ongoing “tariff wars” under U.S. President Donald Trump, which have contributed to the dollar’s recent downturn. As global uncertainty continues to impact the value of major currencies, the ruble’s rise underscores the shifting dynamics of the international currency markets.
Despite the ruble’s strong performance, analysts caution that its future trajectory remains closely tied to the evolving global economic landscape, particularly trade relations and the impact of U.S. monetary policy. Nevertheless, the ruble’s exceptional growth in 2025 highlights its increasing resilience in the face of ongoing global volatility.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called fo...
The European Commission has put forward a proposal allowing carbon credits purchased from developing countries to be counted towards the EU’s 2040 c...
Russian President Vladimir Putin reiterated Moscow’s readiness to continue peace negotiations with Ukraine during a telephone conversation with US P...
The Russian Ministry of Defence announced on Thursday that Major General Mikhail Gudkov, praised and appointed to the Navy’s top post by President V...
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legisla...
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The European Commission has put forward a proposal allowing carbon credits purchased from developing countries to be counted towards the EU’s 2040 climate target for the first time. The move, announced on Wednesday, has drawn criticism from campaigners and some scientists.
Russian President Vladimir Putin reiterated Moscow’s readiness to continue peace negotiations with Ukraine during a telephone conversation with US President Donald Trump on Thursday, Kremlin aide Yury Ushakov confirmed.
The Russian Ministry of Defence announced on Thursday that Major General Mikhail Gudkov, praised and appointed to the Navy’s top post by President Vladimir Putin in March, has been killed during combat operations.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment