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In Putin vs Trump tiff, rouble trouncing dollar with 45% rise against US currency this year
The Russian rouble witnessed a 45% rise against the US dollar since early 2025. However, businesses argued that the currency’s rise in value is making exports more expensive to buyers purchasing in dollars or any other currency.
A view shows the newly designed Russian 5000-rouble banknote inside a currency detector during a presentation in Moscow, Russia October 16, 2023. Reuters
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