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Russian Rubles Is World's Best Performing Currency In 2025 (Photos) - Foreign Affairs (2) - Nairaland 215p3l

Russian Rubles Is World's Best Performing Currency In 2025 (Photos) (11525 Views)

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Yampotatocarrot(m): 9:19pm On Apr 15
What could be the cause of this,even with the economic sanctions on them?

The rubies for oil agenda, does it mean countries buying their oil will have to source for rubies to pay same way we source for dollars to import things in Nigeria?
Ndenomy: 9:20pm On Apr 15
Despite Amelika sanctions. Chaii Odogwu Putin

1 Like

Ndenomy: 9:25pm On Apr 15
Yampotatocarrot:
What could be the cause of this,even with the economic sanctions on them?

The rubies for oil agenda, does it mean countries buying their oil will have to source for rubies to pay same way we source for dollars to import things in Nigeria?

BRICS!!!

We said it on this platform that Russia is immune to the west sanctions but y’all trump dickriders won’t listen.

The dollar hegemony is coming to an end.

Bu the time the brics are done showing to the world how good they are as an option and how bad it is to even be with west which is already playing out, So imminence the multi polar world

5 Likes 1 Share

Mccullum: 9:38pm On Apr 15
Putin is a visionary leader, good manager of the country's economy.

Both Putin and Xi of China need to be studied by many African leaders.

7 Likes 2 Shares

nedekid: 9:48pm On Apr 15
goodnessme1:
And Nigeria naira is worst.




Useless country
Let Elon musk dash naija $100b, Bill gates too add 150b, Warren buffet $50b, total $200b, I swear you naira will still fall and not appreciate. The same charlatans in power will tell you why naira has to be 2k to 1 dollar, why we have to increase nepa bill, and explain why Nigerians must bear more pain to make the country great.
The crazy thing is that you will see hungry misfits on this forum still and understand with them.
Was manna vulture grill, hellinus and the gang not ing bello when he was governor and used $900k to pay future school fees? undecided

2 Likes

Blackdisciple(m): 9:48pm On Apr 15
reiddecuti:
God bless mother Russia.

God bless Putin.


Like for Rubles.

Share for Dollars.

Naira nko
bluefilm: 9:54pm On Apr 15
God bless mother Russia

1 Like

Ironbull: 9:58pm On Apr 15
Seriously I don't care.

1 Like

richeeyo(m): 9:59pm On Apr 15
dfrost:
Story.

How many countries trade in rubles?
You just simply have to understand the basics of economics to understand that the statistics applies only inside Russia 😂

2 Likes 1 Share

pastorarynzay: 10:03pm On Apr 15
Self praise, Kuwait is even far better

2 Likes

ledaman: 10:09pm On Apr 15
Curdlebug:
lol... only spent in russia... why not?
Ignorance is a. Deadly disease grin

1 Like

ledaman: 10:14pm On Apr 15
Why won't their Rubies be powerful and growing in economic value.
They have natural resources that most European nations depends on and Putin refused to trade with them in Dollars.
Despite the useless sanctions melted on Russia, they don't care!
Vladimir Putin is my MVP

6 Likes 1 Share

OlawaleBammie: 10:14pm On Apr 15
goodnessme1:
And Nigeria naira is worst.




Useless country
it will definitely render you yusless b!tc#
DigitalWizzy: 11:08pm On Apr 15
When I begin use it to buy social media s and social media services on one platform like that, they converted my Naira to ruble, the whole processes reading like I was transacting from South Africa, I begin dope cap for Putin. cool

1 Like

goodnessme1(f): 11:09pm On Apr 15
OlawaleBammie:
it will definitely render you yusless b!tc#
Call your mama that.



Edi0t
hkidola00(m): 11:56pm On Apr 15
thats it, exactly
Yampotatocarrot:
What could be the cause of this,even with the economic sanctions on them?

The rubies for oil agenda, does it mean countries buying their oil will have to source for rubies to pay same way we source for dollars to import things in Nigeria?
Father4all: 12:37am On Apr 16
Hmmm. And mumu US still talks about sanctions

1 Like

QuinQ: 12:47am On Apr 16
WriterNig:
Russia’s ruble

dfrost:
Story.

How many countries trade in rubles?

What is rubles?
What a name for a currency!😅
QuinQ: 12:57am On Apr 16
WriterNig:
Russia’s ruble

dfrost:
Story.

How many countries trade in rubles?

Below are world reserve currencies. I don't see rubles anywhere😅

1 Like 1 Share

Bobbynobobby: 1:14am On Apr 16
Mj4199:


Like Nigeria Naira that is trade all over the world abi and yet can't perform

Leave him. Let him cope

1 Like

vickthourh(m): 2:09am On Apr 16
Dollar will overcome with trump.. cool

1 Like 1 Share

patrickcollins: 3:23am On Apr 16
NOETHNICITY:
I’ve a brainwashed Nigerian friend

Everyday he believes the Russian economy is decimated

My favorite world leader today is China’s Xi jinping.
Followed by Russia’s Putin!

World power has shifted significantly away from the collective west! The earlier they realize it the better
What's the exchange rate of Ruble to dollar
Mirasteel: 5:30am On Apr 16
This is why Putin is the best president ever.

1 Like 1 Share

izubext007: 5:53am On Apr 16
SLAVA RUSSIA 🇷🇺🇷🇺🇷🇺

1 Like 1 Share

Breaker001: 6:41am On Apr 16
How do they expect the Russian Ruble to fall in value, when they (EU) are still trading with Russia, buying Russian gas because they (EU) have no better alternative. And Putin was smart enough to force them to buy in the Russia currency, otherwise no deal.
themanderon: 6:56am On Apr 16
ibrocool:
There's nothing like production power. When a country is blessed with resources and they manage it very well, it is easier to flourish. I wish our leaders could do the same and make naira among the best currencies in the world.

Your leaders have no control over the resources of the country. Leave what they are telling you.

1 Like

themanderon: 6:58am On Apr 16
Yampotatocarrot:
What could be the cause of this,even with the economic sanctions on them?

The rubies for oil agenda, does it mean countries buying their oil will have to source for rubies to pay same way we source for dollars to import things in Nigeria?


Exactly. And this hurt the Europeans so much because they need Russian oil and gas or else they will freeze from biting winters.

1 Like

alimiadedayo1: 7:53am On Apr 16
Domainer1999:
Is Naira spent in America?

The guy doesn't have common sense..How many currency in the world is spent outside their country
Truvelisback(m): 8:51am On Apr 16
goodnessme1:
And Nigeria naira is worst.



Useless country
Nigerian Currency wey no dey top ten for Africa. grin
XAUBulls: 9:12am On Apr 16
WriterNig:



🇷🇺 Russia’s ruble has surged to become the best performing global currency, posting this year’s strongest gains against the dollar to outpace even the traditional safe haven of gold.

The ruble has strengthened 38% versus the dollar on the over-the-counter market since the beginning of this year, data compiled by Bloomberg shows.

While the US greenback has reeled from mounting pressure caused by US President Donald Trump’s escalating tariff wars, Russia’s currency has also been buoyed by factors unique to the country, including record-high local interest rates.

“Unlike many emerging-market currencies, the ruble is not facing pressure from capital outflow, caused by global investors’ retreat from riskier assets,” said Sofya Donets, an economist at T-Investments. “Capital controls have largely shielded Russia from this” while high borrowing costs the currency, she said.

Domestic factors have amplified the ruble’s gains against the weakening greenback, even as sweeping sanctions imposed by the US and its allies over the February 2022 invasion of Ukraine remain in place. While a strengthening currency may be welcome news for inflation hawks, it risks damping energy revenue when the state is spending massively on military needs and social programs.

Foreign investors, undeterred by lingering sanctions risks, are turning to countries that remain on good with Russia to gain exposure to high-yielding ruble assets, said Iskander Lutsko, the Dubai-based head of research and portfolio management at Istar Capital.

On the top of that, Russian companies are eager to refinance prohibitively expensive local-currency debt, using much cheaper yuan-denomination, which is driving additional conversions of foreign currency into rubles, Lutsko said.
https://www.bloomberg.com/news/articles/2025-04-15/ruble-surges-as-best-performing-global-currency-outpacing-gold
ibrocool(m): 3:46pm On Apr 16
themanderon:


Your leaders have no control over the resources of the country. Leave what they are telling you.
Actually, the government has power over everything in the country. The problem we have is mismanagement and corruption.
reiddecuti: 7:44am On Apr 17
Blackdisciple:


Naira nko

Who knows Naira. Na currency wey GE stamina abi na d one wey ur government dey choke, dey drawn...

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