Russian economy continues on its downhill path
yesterday - ruble slides to 1USD = 101.30 RUB
today - ruble slides to 1USD = 103.30 RUB right now
Going down at that rate, it looks like a hike in the bank rate to 23% is coming soon in an attempt to stabilise the currency. I hope all in Russia who support the war will enjoy paying 30% interest on their loan to buy a house/apartment to live in. It will be a direct consequence of Russia waging war on one of its neighbouring states.
An analysis of why the ruble and Russian economy are suffering
yesterday - ruble slides to 1USD = 101.30 RUB
today - ruble slides to 1USD = 103.30 RUB right now
Russian Ruble - Quote - Chart - Historical Data - News
The USDRUB increased 2.0485 or 2.02% to 103.3485 on Friday November 22 from 101.3000 in the previous trading session. Russian Ruble - values, historical data, forecasts and news - updated on November of 2024.
tradingeconomics.com
Going down at that rate, it looks like a hike in the bank rate to 23% is coming soon in an attempt to stabilise the currency. I hope all in Russia who support the war will enjoy paying 30% interest on their loan to buy a house/apartment to live in. It will be a direct consequence of Russia waging war on one of its neighbouring states.
An analysis of why the ruble and Russian economy are suffering
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