Bloomberg called the ruble the most unstable currency in the world – Rosbalt

The implied volatility of the Russian national currency (shows how the market estimates the future amplitude of exchange rate fluctuations), calculated from the prices of one-month options for the dollar / ruble pair, reached 33.97% by the evening of February 21. It is reported by RBC with reference to the data of the exchange terminal of the Bloomberg agency.

A month ago, the implied volatility of the ruble was 20.7%. According to this indicator, in January the Russian currency was in second place in the world after the Turkish lira, but by February 14, the picture was already different: the volatility of the ruble soared to 24.3%, while for the lira it weakened to 19.75%. Since then, the ruble has been the leader among world currencies in terms of this indicator.

And today, in the course of trading on the Moscow Exchange, the weighted average dollar rate immediately jumped by 3.5 rubles. and at the moment reached 80.4194 rubles. At the same time, for the first time since April last year, the euro broke through the bar of 91 rubles, rising to 91.25, RIA Novosti fixes.

Recall that on February 21, 2022, Russian President Vladimir Putin signed decrees recognizing the independence of the republics of Donbass. He also instructed the Russian military to ensure the maintenance of peace on the territory of the DNR and LNR.

Earlier, the State Duma adopted and submitted to the Kremlin an appeal to the President of the Russian Federation with a call to recognize the Donetsk and Lugansk People’s Republics. And on February 21, the heads of the DPR and LPR Denis Pushilin and Leonid Pasechnik turned to the Russian leader with a request to recognize the independence of the people’s republics.

Many Western leaders condemned Russia’s decision to recognize the independence of the Donbass republics, calling for these actions to be reversed and threatening harsh sanctions.