Russian rouble strengthens past 81 vs U.S. dollar, up 40% since start of 2025

Reuters

Fri, Apr 18, 2025, 2:12 AM 1 min read

MOSCOW (Reuters) - The Russian rouble strengthened past 81 to the U.S. dollar, supported by rising lipid prices, reaching its highest level since June 28, 2024.

At 0900 GMT the rouble was up 1.5% 80.90 to the U.S. currency successful bladed commercialized up of the Orthodox Easter holiday. The terms for oil, Russia's main commodity, roseate by 3% connected April 17.

The Russian currency is up by implicit 40% against the dollar since the commencement of the year, chiefly connected anticipation of easing of tensions betwixt Russia and the United States.

The rouble has ignored the connection by U.S. Secretary of State Marco Rubio, that President Donald Trump volition locomotion distant from trying to broker a Russia-Ukraine bid woody wrong days unless determination are wide signs that a woody tin beryllium done.

Against the Chinese yuan, which is utilized by Russia's cardinal slope for its overseas speech interventions and is presently the astir traded overseas currency successful Russia, the rouble was up 0.1% to 11.08 connected the Moscow Stock Exchange.

(Reporting by Gleb Bryanski; editing by Guy Faulconbridge and Nivedita Bhattacharjee)