Thu Feb 13 07:40:00 UTC 2025: ## Ruble Strengthens as Dollar Plunges Below 91
**MOSCOW** – The Russian ruble continued its surge against the US dollar on Thursday, reaching a low of 90.8 rubles per dollar in international forex trading. This represents a significant drop from Wednesday’s closing price and marks a continued weakening of the dollar against the ruble. Earlier in the morning, the dollar briefly traded as low as 91.4 rubles before falling further. The euro also experienced a decline, trading at 96.02 rubles as of late morning.
This follows a sharp decline on Wednesday, where the dollar fell to 93 rubles (a 2.1% decrease) and the euro to 97.52 rubles (also a 2.1% decrease). While the Central Bank of Russia set the official exchange rate for Thursday at 94.05 rubles per dollar, the actual trading value has significantly undercut this figure.
This marks a continuation of a trend that began earlier this week, with the dollar falling below 96 rubles for the first time since October 4th and the euro falling below 100 rubles for the first time since September 10th. The Central Bank also lowered its official euro rate to 99.20 rubles. The reasons behind this recent strengthening of the ruble are not explicitly stated in the provided text.
First Piper 