新年假期后交易恢复，俄罗斯卢布重新走强，达到101.7卢布兑1美元，从早些时候的低点略有回升。自6月以来，由于制裁将俄罗斯与全球市场隔离开来，切断了获得硬通货的渠道，并迫使央行管理汇率，该货币已暴跌至115美元以上。俄罗斯的主要贸易伙伴中国经济疲软，出口需求减少，外汇流入恶化。为了解决能源出口收入不足的问题，莫斯科放松了资本管制，允许卢布贬值并抵消其预算赤字。政治压力也导致央行在12月暂停加息，进一步使货币紧张。

The Russian rouble regained strength, reaching 101.7 per USD as trading resumed after the New Year holiday, recovering slightly from earlier lows. The currency had plunged beyond 115 per USD due to sanctions isolating Russia from global markets, cutting off access to hard currency and forcing the central bank to manage exchange rates since June. A weakening Chinese economy, Russia's key trade partner, reduced demand for exports, worsening foreign exchange inflows. To address revenue shortfalls from energy exports, Moscow eased capital controls, allowing the rouble to weaken and offset its budget deficit. Political pressures also led the central bank to pause its rate hikes in December, further straining the currency.

俄罗斯表示欢迎特朗普的接触愿望，但迄今为止没有提出任何要求。俄罗斯表示，普京肯定会欢迎与即将上任的美国总统特朗普沟通的想法。然而，目前还没有人要求这样做。

Russia says it welcomes Trump's desire for contact but no requests so far.Russia says that Putin would most definitely welcome the idea of communicating with incoming US president Trump. However, there haven't been any requests to do so for now.

由于制裁将俄罗斯与全球金融和大宗商品市场隔离开来，俄罗斯卢布在1月份暴跌至115卢布兑1美元以上，这是有史以来的最低水平，不包括2022年第一季度俄罗斯入侵乌克兰后的直接冲击。西方国家制裁莫斯科交易所后，该货币停止了对主要货币对的国内交易，这加大了公司获得硬通货的难度，并迫使俄罗斯银行自6月以来设定外汇价格。这增加了压力，因为中国经济疲软限制了对俄罗斯主要出口伙伴商品的需求，进一步削弱了外汇的流入。能源出口对政府收入的影响促使莫斯科部分放松了支撑卢布的资本管制，让卢布贬值以支持其预算赤字。尽管如此，政治压力促使CBR在12月缩短了紧缩周期，加剧了货币的压力。

The Russian ruble tanked past 115 per USD in January, the lowest on record when excluding the immediate shock after the start of Russia’s invasion of Ukraine in the first quarter of 2022, as sanctions isolated Russia from global financial and commodity markets. The currency was halted from domestic trading against major pairs after Western nations sanctioned the Moscow Exchange, magnifying the difficulty for companies to secure hard currency and forcing the Bank of Russia to set forex prices since June. This added pressure as China’s weakening economy limited demand for goods from Russia’s main export partner, further denting the influx of foreign exchange. The impact on government revenues from energy exports drove Moscow to partially relax the capital controls it had to prop up the ruble, letting it depreciate to support its budget deficit. Despite this, political pressure drove the CBR to cut its tightening cycle short in December, compounding pressure on the currency.

美元兑卢布升至115.00的33个月高点。过去4周，美元兑俄罗斯卢布上涨5.24%，过去12个月上涨20.11%。

USDRUB increased to a 33-month high of 115.00. Over the past 4 weeks, US Dollar Russian Ruble gained 5.24%, and in the last 12 months, it increased 20.11%.