That's a really intellectually sound argument.
This factual article must be “propaganda” because certain geniuses here tell us Russia’s economy has never been better, and “ruble is strong as bull”.
We see it with stock market reportage all the time.
35% in a month? Yikes.
Ruble fell because no body wants it. They are getting ready for the Yang. Only Trump can put a stop to this eventuality.
Probably Euro and US pressure caused some gas/oil/ng purchases to get away from Russia but it won’t last long.
How about, the value of the Ruble is going down because there is a war, and Russia’s own resources are going into things that get used up in combat or destroyed, instead of making things (other than oil/gas) that can be exported. Variations happen to most countries in a large scale war.
All in all, it’s just another BRICS in the wall
The sanction war has been total failure. It's harmed Americans by increasing inflation and devastating Europe.
And, if you think the masses are putting up the kind of inflation we've seen in the past year so sickos like you and the elites running the "liberal world order" can fight a proxy war against Russia, think again.
Imagine what is happening in France in a country with 400 million guns. Bang! Bang!
When the Ukraine War started in 2022, there was a HUGE ruble crash to 126 followed almost instantly by a HUGE ruble gain to 51.
What? The ruble value is completely backwards!
Not really.
The fluctuating ruble is being compared to a constant 1 USD purchase.
When the ruble went to 126, that means 1 USD cost 46 MORE rubles than when it was at 80.
When it went straight down to 51, that means 1 USD cost 75 LESS rubles.
Here is a link to a 30 year ruble to 1 USD chart.
If the 30 year chart does not come up, click the word ALL just above the chart.
https://www.cnbc.com/quotes/RUB=
Simple. If you can’t use it due to sanctions then it’s worthless.