Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
TarifsAuteursArchives des numéros
/
Tarifs
Commencer→
fxJun 9, 2026, 6:49 AM

Commerzbank: Russian Ruble's Oil-Driven Gains May Fade by Year-End

Commerzbank analyst Tatha Ghose warns that recent ruble support from high oil prices is likely to diminish towards year-end, while the central bank has adjusted EUR/RUB pricing methodology amid thin hard-currency trading.

USDRUB

Commerzbank's Tatha Ghose notes that Russia's central bank has shifted EUR/RUB pricing to derive from USD/RUB, a move taken despite low hard-currency liquidity.

Recent oil revenue strength—with Urals crude averaging around $90 per barrel in April and May—has been supporting the ruble. However, the bank sees this oil-driven momentum fading into year-end as global factors shift.

The analysis suggests that the ruble's temporary boost from high crude prices is unlikely to persist, leaving the currency vulnerable to a downturn.

Source: FXStreet Forex News