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
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
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 USD/RUB exchange rate rose to 80.0000 on August 8, 2025, up 0.95% from the previous session. Over the past month, the Russian Ruble has weakened 2.35%, but it's up by 7.94% over the last 12 months. Russian Ruble - values, historical data, forecasts and news - updated on August of 2025.
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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