Rouble Weakening Beyond 100 Against Dollar – Hitting 7 Month Low
Amidst strong foreign exchange demand and trade imbalances, the rouble’s weakening to a 17-month low raises concerns over Russia’s economic stability.
About the analyst
Vinit Makol
Lead Strategist and Market Analyst at Edge-Forex
Vinit Makol is a forex trader, strategist and market analyst with more than 20 years of experience in forex and financial markets.
As lead strategist and analyst at Edge-Forex, he writes about currencies, central-bank policy, macroeconomics, commodities, trading strategy and the geopolitical events that affect global markets.
His work is informed by practical trading experience and supported by market data, economic releases, official documents and other relevant sources.
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