Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $42,140
52%  
Woo hoo!! And we're now over 52%!! Thank you all very much!! God bless.

Keyword: rubleisfine

Brevity: Headers | « Text »
  • Russia’s plummeting ruble The Russian currency market is drying out over sanctions

    04/08/2023 7:52:26 AM PDT · by Cronos · 27 replies
    Novaya Gazeta ^ | 8th April 2023 | Arnold Khuchaturov
    The ruble, the national currency of Russia, has been depreciating the whole week. At midday on Friday, the dollar was trading at 83 rubles, the euro — 91 rubles. These are the lowest values that the ruble has hit since last spring when Russia’s invasion of Ukraine was just beginning. At the time, the currency markets were in full-blown panic, the dollar soared to 130 rubles, while the exchange rate fluctuations reached 10% a day. There are now far fewer causes for worry. Following the OPEC+ decision to cut oil production, the Brent crude price rose to $85, a comfortable...