The rate was set at 3.861 after the dollar gained strength globally.
With its latest decline, the ruble is worth only one US cent. That seems humiliating for the great power that Putin deems Russia to be.
"The greatest near-term danger to the dollar's position stems from the risk of confidence-sapping policy mistakes by the US authorities themselves," Moody analysts wrote.
Despite conducting fewer transactions in US dollars, the American currency still presides over the region’s international markets.
You could take a European grand tour or girls' weekend in Miami for less.
A weekly selection of opinions and analyses from the Arab media around the world.
Iranian media reported that Moscow expressed readiness to invest in Iran's steel, oil and petrochemical industries.
Two suspects sprayed the tourist with pepper spray before taking his suitcase, which contained thousands of dollars in cash.
The shekel stood at 3.645 per dollar in afternoon trading, its weakest level since April 2020 and down 5.5% this month.
To prevent US dollars from reaching Russia and Iran, the Federal Reserve will strictly regulate dollar sales in Iraq, leading to a volatile dinar.
JPOST Digital Library
