Russia's ruble has muscled its way to become the world's best performer against the dollar so far this quarter https://t.co/XuAmDamx53
The tweet claims that the Russian ruble has become the world’s best‑performing currency against the U.S. dollar so far this quarter. This assertion is directly supported by the provided fact‑check. Bloomberg explicitly reported that the ruble was the best‑performing currency against the dollar in the second quarter of 2026, having strengthened roughly 12% since early April to about 72.6 rubles per dollar—its strongest level since early 2023CLAIM 1. That performance has outpaced other strong currencies and safe havens such as gold, the Swedish krona, and the Swiss francCLAIM 1. While the tweet does not mention the underlying drivers—surging oil and gas revenues, Russia’s 21% benchmark interest rate, and strict capital controls—the central claim it makes is accurateCLAIM 1.
Overall validity: 95%
Overall validity: 95%