Global Currency Markets

Ruble’s 40% Surge Against Dollar: Is Trump’s Economic Policy Sabotaging America?

The Russian ruble’s recent surge against the U.S. dollar—a remarkable 40% increase since the start of 2025—is a striking development that demands careful consideration. While some might attribute this solely to easing tensions between Russia and the United States, a deeper analysis suggests a more complex interplay of factors at play. The narrative of a simple geopolitical détente doesn’t fully account for the magnitude of this shift.

The substantial increase in Russia’s M2 money supply, approximately 100% since February 2022, significantly impacts this ruble’s strength. This massive injection of rubles into the economy, while potentially fueling inflation domestically, is seemingly being offset by deliberate manipulation of exchange rates.… Continue reading