RUB: Fundamental weaknesses to manifest – Commerzbank
USD/RUB and EUR/RUB are not market-driven exchange rates. Sanctions have decoupled the Rouble from fundamentals for the most part. Even so, the currency remains susceptible to long-term underlying pressures, which will gradually build up.
https://www.fxstreet.com/news/rub-fundamental-weaknesses-to-manifest-commerzbank-202511141124