The Russian ruble rose against the US dollar by more than 6% at the end of a volatile session in Moscow on Monday, recovering some of its losses recorded over the past two weeks.< /p>
The ruble ended the trading session in the Moscow market yesterday, up 6.67% to 62.25 rubles per dollar, after hitting 55.80 rubles per dollar on Wednesday, the highest level for the currency Russian since February 2018.
The Russian currency also rose against the single European currency by 7.73% to 64.30 rubles per euro.
The Russian currency fell at the end of last week following the central bank's decision to cut interest rates and amid signs of further cuts.
The ruble is the best performing currency in the world in 2022, despite its sharp decline over several periods during the year, supported by factors including the imposition of restrictions on capital movements. .
