The United States dollar fell to its lowest level in nearly two years against the Russian ruble on Thursday, as geopolitical shifts and a major court ruling in Washington stirred global currency markets.
The shift came after Russia proposed a fresh round of direct talks with Kiev without getting a response yet, while a US federal court blocked President Donald Trump's April 2 global tariffs, sparking market upheaval.
At 5:32 am ET, the dollar dropped 0.74% against the ruble to trade at 79.15435, its weakest point since June 2023.
