The ruble has been the weakest currency


Photo: Ilya Pitalev / RIA Novosti

Russian ruble in the first six months of 2018 showed the strongest fall against the dollar among all the national currencies in the former Soviet Union. It is reported Bloomberg.

According to analysts ‘ estimates, in the first half, the Russian currency sank eight per cent is the worst result among the 11 countries of the former USSR for the period. The main reason for the fall of the ruble Bloomberg calls U.S. sanctions.

Next on the list since the end of the Tajik somoni, which fell 3.7 percent. The leader of the rating became the national currency of Ukraine (plus 6.7 percent), Georgia (plus six percent) and Moldova (plus 1.57 per cent).

According to experts Bloomberg, Western sanctions have a negative impact on Moscow’s relations with foreign investors, so their attention starts to shift towards other post-Soviet countries.

The U.S. Treasury Department on April 6 issued a new sanctions list. It includes businessmen, top managers and officials. After the introduction of restrictions struck the Russian stock market and the ruble has updated the lows for half a year.

Video, photo All from Russia.


Please enter your comment!
Please enter your name here