About this pair
RUB/USD: what to know
The RUB/USD rate shows how much USD you get for 1 RUB. Right now, 1 RUB buys 0.0119 USD at the mid-market rate. In the other direction, 1 USD is worth 84.3242 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while USD responds to Fed policy, US growth and global risk appetite.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.