Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $41,985
51%  
Woo hoo!! And we're now over 51%!! Thank you all very much!! God bless.

Keyword: rublecrash

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  • Kremlin Blames Loose Monetary Policy as Rouble Slides Past 101 Vs Dollar

    08/14/2023 4:13:18 AM PDT · by marcusmaximus · 59 replies
    US News ^ | 8/14/2023 | Reuters
    President Vladimir Putin's economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia's monetary authorities. The rouble, which has lost around a quarter of its value against the dollar since Putin sent troops into Ukraine in February 2022, hit 101.04 per U.S. dollar, its weakest point in almost 17 months. As the rouble tumbled, Putin's economic adviser Maxim Oreshkin said in an op-ed for the TASS news agency that the Kremlin wanted a strong rouble and expected a...