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Ruble Weakens Further in 2024: Analysts Predict Continued Depreciation
The Russian ruble weakened against the dollar by 12.5% in 2024, primarily due to decreased oil prices, reduced mandatory currency sales, and geopolitical factors; analysts predict further depreciation but at a slower rate in 2025.
Ruble Weakens Further in 2024: Analysts Predict Continued Depreciation
The Russian ruble weakened against the dollar by 12.5% in 2024, primarily due to decreased oil prices, reduced mandatory currency sales, and geopolitical factors; analysts predict further depreciation but at a slower rate in 2025.
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