USD Gained Most Against Ruble of All BRICS Currencies

I did this chart to illustrate how  USD gained most against Russian ruble of all BRICS currencies in the past 10 years . Moreover, even the currencies of some of  oil-producers outside BRICS, such as Nigeria and Kazakhstan, fared better against US dollar than the Russian ruble.

Ruble

Nor has Russia done well in terms of GDP growth compared to these countries in the past decadeGDP growth

Data for 2006-2014 from World Bank’s databases. Some of the data for 2015-2016 also from World Bank, but some also from national governments’ estimates and oanda.com

 

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