The Russian ruble has soared by more than 40% so far this year, leading the world's major currencies in growth, and is poised to record its strongest annual performance since 1994. According to the data, the Russian ruble has risen 45.5% against the US dollar since the beginning of the year. Currently, the exchange rate is close to 78 rubles per US dollar, which is approaching the level before the escalation of the conflict in Ukraine in 2022.

The Russian ruble has soared by more than 40% so far this year, leading the world's major currencies in growth, and is poised to record its strongest annual performance since 1994. According to the data, the Russian ruble has risen 45.5% against the US dollar since the beginning of the year. Currently, the exchange rate is close to 78 rubles per US dollar, which is approaching the level before the escalation of the conflict in Ukraine in 2022.