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Ruble Plummets as Dollar Soars; Investors Disappointed

8/17/2025

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Summary

Story summary

The ruble declined, with the dollar reaching 80.15 rubles and the euro at 93.76.
State energy firms Gazprom and Rosneft experienced declines, leading to a 2% drop in the Moscow Exchange index.
Discussions between Putin and Trump concluded without advancements on Ukraine, disappointing investors.
Analysts foresee continued losses for Russian equities and a possible increase in the dollar's value.

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Story summary

The ruble declined, with the dollar reaching 80.15 rubles and the euro at 93.76.
State energy firms Gazprom and Rosneft experienced declines, leading to a 2% drop in the Moscow Exchange index.
Discussions between Putin and Trump concluded without advancements on Ukraine, disappointing investors.
Analysts foresee continued losses for Russian equities and a possible increase in the dollar's value.