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Russian Ruble Becomes World’s Best-Performing Currency Against Dollar

The Russian ruble has strengthened sharply this quarter and has become the world's best-performing currency against the US dollar, according to Bloomberg. The agency reported that the ruble gained roughly 12% since the beginning of April, reaching around 72.6 rubles per dollar. On May 19, the over-the-counter dollar exchange rate briefly dropped below 71 rubles for the first time since February 2023.

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In the second quarter of 2026, the Russian ruble became the leader of currencies consolidated against the United States dollar, reported Bloomberg.

·Riga, Latvia
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Bloomberg reports that the Russian ruble has become the strongest currency against the dollar, with a growth of about 12 percent in the current quarter.

·Belgrade, Serbia
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The Russian ruble was consolidated as the currency with the best performance against the dollar, driven by restrictive monetary policies, Western sanctions and growing domestic demand, noted the US agency, Bloomberg. Agencies / THE LIBERATOR The Russian currency again caught the attention of international markets after media reports that the ruble currently tops the list of currencies with the best performance against the US dollar during this q…

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Portfolio broke the news on Tuesday, May 19, 2026.
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