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Russian Ruble ($USD/RUB) Forex Forecast: Down 1.7% Today

Morpher AI identified a bearish signal. The forex price may continue to fall based on the momentum of the negative news.

What is Russian Ruble?

USD/RUB is the currency pair that represents the value of the US dollar against the Russian ruble. Today, the market saw a significant bearish movement in this pair.

Why is Russian Ruble going down?

USD/RUB forex is down 1.7% on Nov 20, 2025 14:15

  • The fundamental weaknesses of the Russian ruble are expected to manifest, indicating a lack of market-driven exchange rates for USD/RUB.
  • Despite being decoupled from fundamentals due to sanctions, the Russian ruble remains vulnerable to long-term underlying pressures.
  • The bearish movement in USD/RUB today could be a reflection of these underlying pressures and the anticipation of further weakening of the Russian currency in the future.

USD/RUB Price Chart

USD/RUB Technical Analysis

USD/RUB News

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

0 News Article Image RUB: Fundamental weaknesses to manifest – Commerzbank

Russian Ruble Price History

13.05.2024 - USD/RUB Forex was down 1.9%

  • The USD/RUB experienced a strong bearish movement due to new US sanctions forcing the end of dollar trading on Russia's main exchange. This move limits the availability of dollars in the Russian market, impacting the exchange rate.
  • A call to reduce the use of 'toxic' currencies like the dollar and euro has also contributed to the bearish movement of the USD/RUB pair. This de-dollarization effort is increasing the reliance on the Ruble in trade transactions, leading to a decline in the value of the US Dollar against the Russian Ruble.
  • The combination of US sanctions and de-dollarization efforts has put pressure on the USD/RUB exchange rate, resulting in a significant bearish movement as traders adjust to the changing dynamics in the currency market.

13.05.2024 - USD/RUB Forex was up 2.5%

  • A suggestion from a prominent figure to lessen reliance on certain currencies like the US Dollar might have influenced a reduced demand for the Dollar, resulting in a decline in its value against the Ruble.
  • Ongoing efforts in Russia to decrease dependence on the Dollar and the growing utilization of the Ruble in trade deals may have instilled confidence in the Russian currency, fostering a positive trend in the USD/RUB pair.
  • A previous significant drop in the Ruble's value towards the end of 2023 might have generated an oversold situation, prompting traders to repurchase the currency and contributing to today's bullish movement.

20.10.2025 - USD/RUB Forex was down 1.7%

  • The fundamental weaknesses of the Russian ruble are expected to manifest, indicating a lack of market-driven exchange rates for USD/RUB.
  • Despite being decoupled from fundamentals due to sanctions, the Russian ruble remains vulnerable to long-term underlying pressures.
  • The bearish movement in USD/RUB today could be a reflection of these underlying pressures and the anticipation of further weakening of the Russian currency in the future.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.