The USD/RUB currency pair is based on the relative value of the US dollar against the Russian Ruble. It shows how many Russian Rubles (the quote currency) are needed to buy one US dollar (the base currency). Given that these two countries are rivals in both economics and politics, this forex pair can be volatile at times. USD/RUB is particularly sensitive to volatility within the oil market, as crude oil is a major driving force for Russia’s economy, and it’s one of the world’s largest oil exporters. Open a spread betting or CFD trading account to analyse our USD/RUB chart and speculate on its future price movements.
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