Why is the Russian Rouble the Best Performing Currency of 2022?

Russia’s current account surplus widened to USD 58.2 billion in Q1 of 2022 from USD 22.5 billion in the same period last year. It was the largest current account surplus since available records began in 1994, as the goods and services account widened to USD 66.3 billion from USD 25.8 billion a year ago, with exports jumping 50 percent and imports rising at a slower 14 percent.

Disclaimer

The information presented here is meant for educational purposes, and is not investment advice. Any past performance, projection, forecast or simulation of results does not necessarily indicate any investment’s future or likely performance. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by STRIPS Finance.

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