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Surging oil prices keep Russian ruble world’s strongest currency

September 27th, 2017
Categories: News

Link: https://www.rt.com/business/404623-russian-ruble-strongest-currency-oil/

Brent crude prices hit a 26-month high on the news Turkey has threatened to cut oil supplies from Iraqi Kurdistan. This gave a boost to the Russian ruble, which remains the world's strongest currency against the US dollar in the last 12 months. The ruble has surged over ten percent against the dollar in the last 52 weeks, trading at 57.4 against the greenback and 67.8 against the euro.

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