Russia’s Currency Woe Is Delight For Football Fans

Russia’s Currency Woe Is Delight For Football Fans
Pedestrians pass a street sculpture representing Belarussian ruble currency coins near the finance ministry in Minsk, Belarus. (Photographer: Andrey Rudakov/Bloomberg)

The football World Cup 2018 may be a great chance for fans to watch the world's biggest sporting event live from the stadium. The reason: a favourable foreign exchange rate.

The Russian ruble has depreciated over 8 percent against the U.S. dollar so far this year, making it the sixth worst performer among the 147 currencies tracked by Bloomberg. The currency has weakened over 3 percent against the Indian rupee.

But people travelling from World Cup favourites Brazil and Argentina aren't so lucky since their currencies have fared worse against the ruble this year.

Unlock this article for free
Sign up to access exclusive stories, fewer ads, and a personalised experience.
Set as Trusted Source
on Google Search