Ruble Options Volumes Surge 900% as FX Traders Wager on Rebound – BloombergQuint

The ruble fell as much as 11 percent this week to 65.06 per dollar, the weakest since 2016, as the U.S. said it would impose penalties on dozens of Russian tycoons and companies. One-month implied volatility in the dollar-ruble pair remains near its highest in almost two years, according to data compiled by Bloomberg.

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