The Russian ruble weakened against the U.S. dollar ahead of European session on Thursday.

Against the greenback, the ruble fell to nearly a 2-week low of 47.82 from an early high of 46.88. At yesterday's close, the ruble was trading at 47.25 against the greenback.

If the ruble extends its downtrend, it is likely to find support around the 48.95 area.

US Dollar vs RUB (FX:USDRUB)
Forex Chart
From Jun 2024 to Jul 2024 Click Here for more US Dollar vs RUB Charts.
US Dollar vs RUB (FX:USDRUB)
Forex Chart
From Jul 2023 to Jul 2024 Click Here for more US Dollar vs RUB Charts.