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.
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President Donald Trump has filed a defamation lawsuit against the BBC over edited footage of a speech that made it appear he encouraged supporters to storm the U.S. Capitol 6 January 2021, marking an international extension of his ongoing battle against media coverage he deems inaccurate or biased.
Azerbaijan has long understood the importance of fostering strong relations with its Central Asian neighbours as the country is strategically located at the crossroads of Eastern Europe and Central Asia.
European leaders are searching for ways to keep Ukraine afloat as the war with Russia continues, and as financial support from the United States declines.
Ukrainian President Volodymyr Zelenskyy engaged in high-level talks in Berlin from 14-15 December, with German Chancellor Friedrich Merz, U.S. envoys, and European leaders, focusing on security guarantees and the framework for a potential peace deal with Russia.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
At least 37 people have died and dozens of others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
European Commission President Ursula von der Leyen highlighted key developments in the ongoing peace efforts to end the war in Ukraine, stressing the importance of a robust peacekeeping force and the alignment between Ukraine, Europe, and the United States.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 16th of December, covering the latest developments you need to know.
Thousands gathered at vigils across Australia on Monday evening to honour the 15 people killed in a terror attack at Sydney's Bondi Beach on Sunday. The mass shooting at a Hanukkah celebration is being treated as terrorism, prompting the Australian national cabinet to tighten gun laws.
As Europe grapples with how to best support Ukraine in its ongoing battle against Russian aggression, key meetings in Brussels and Berlin are testing the continent's resolve.
U.S. President Donald Trump confirmed that his administration is examining whether Israel violated the Gaza ceasefire agreement by conducting an airstrike on Saturday (13 December) that killed Hamas leader Raad Saad.
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