Russia's ruble plunges to new record low against the US dollar

14:28 Thu, 30 June

GEO

USD

$ 2.9289

EUR

€ 3.0821

GBP

£ 3.5662

RUB

₽ 0.0565

TRY

₺ 0.0018

AZN

₼ 0.0173

Bitcoin

19,139.0000

Ethereum

1,030.3100

Bitchoin Cash

99.6740

Litecoin

50.6690

XRP

0.3110

07.Mar .2022 23:00

Russia's ruble plunges to new record low against the US dollar

287

Back

The Russian Ruble has plunged even further against the US dollar, hitting record lows, as talk grows over possible sanctions against Russian energy.

The US dollar/Russian Ruble is currently trading at around 155, meaning $1 is worth 155 rubles.

Before the conflict with Ukraine began, it would normally trade between 70 to 80 rubles to the dollar. On Monday's lows, the Russian ruble has lost 90% of its value against the US dollar since the beginning of the year.

The ruble has plunged as the West brings in tough economic sanctions and the Russian government introduced capital controls to try and stop the flow of money out of Russia, CNN reports.