由于交易员评估了俄罗斯、美国和乌克兰之间正在进行的停火谈判，俄罗斯卢布兑美元汇率小幅上涨至84.2左右。美国与乌克兰和俄罗斯分别达成协议，暂停对黑海和能源基础设施的袭击，但包括开始日期在内的细节尚不清楚。华盛顿还承诺帮助解除对俄罗斯农产品和化肥出口的国际制裁。克里姆林宫证实了该协议，但强调该协议仍以解除对参与农业贸易的银行和公司的制裁为条件。到2025年为止，卢布兑美元汇率已上涨约25%，2月份达到2023年6月的高点81.7，这得益于缓解地缘政治紧张局势的希望。此外，高借贷成本支撑了货币。3月，俄罗斯央行将政策利率维持在预期的21%，同时对通货紧缩采取了更为乐观的立场。

The Russian ruble edged up to around 84.2 per USD as traders assessed ongoing ceasefire negotiations between Russia, the US, and Ukraine. The US brokered separate agreements with Ukraine and Russia to pause attacks in the Black Sea and on energy infrastructure, though details, including the start date, remain unclear. Washington also pledged to help facilitate the lifting of international sanctions on Russian agricultural and fertilizer exports. The Kremlin confirmed the agreement but emphasized that it remains conditional on lifting sanctions on banks and companies involved in agricultural trade. So far in 2025, the ruble has gained approximately 25% against the USD, reaching a June 2023 high of 81.7 in February, supported by hopes of easing geopolitical tensions. Additionally, high borrowing costs have bolstered the currency. In March, the Central Bank of Russia maintained its policy rate at 21% as expected while adopting a more optimistic stance on disinflation.