
Will the US dollar exceed 120 rubles by New Year?
The ruble exchange rate remains one of the key indicators of Russia’s economic stability. Sanctions pressure, rising imports, and weakening oil revenues are putting strain on the currency market. Authorities insist that capital controls and the fiscal rule will keep the situation under control. But can the Bank of Russia maintain balance if the dollar starts climbing again?
Conditions
Resolves to Yes if the official USD/RUB exchange rate set by the Central Bank of Russia on December 31, 2025, is 120.00 rubles or higher per US dollar. Otherwise — No.
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