Ruble Tumbles to Lowest Point Since March 2022
Ruble Tumbles to Lowest Point Since March 2022
Russia’s Central Bank set the ruble’s official exchange rate at more than 105 against the U.S. dollar for Wednesday, marking its weakest valuation since the early days of Russia’s 2022 invasion of Ukraine.
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That's odd, because we've been assured by Firstname Bunchofnumbers on Twitter that sanctions aren't working.
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I think I know that guy, is he the one with a roman statue in his profile pic?
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March 2022... let me stretch my mind back... that's when they took Kyiv in three days, right?
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Yes, there was a very long convoy of many military vehicles that just drove through Kyiv and everyone celebrated. The election 1 week later showed 95% of the people voting to join Russia.
That's what Putler assumed would happen....
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Lowest ... so far.
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In retrospect it was probably a mistake to let Russia get away with occupying Crimea back in 2014. The rest of the world opted for the quiet life and hoped it would stop there. Unfortunately it only emboldened certain individuals within Russia to start meddling again, thinking that everyone else had gone soft.
Well we'd certainly let our guard down, no mistake there. Gone soft is an entirely different matter. As they're now finding out.
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it was probably a mistake to let Russia get away with occupying Crimea back in 2014
Thanks Obama.
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The man wants it hotter, make it hotter.
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Great, now it's time to watch the video.
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I always liked the Rasputin version better.
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https://www.google.com/finance/quote/USD-RUB
It's now at 112.6 against the US Dollar, dropped significantly since opening this morning.
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Damn, that's a pretty impressive drop.
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Price of oil coming down, sanctions taking effect. Europe just needs to keep up with supporting for a while longer whilst the Russian economic downturn turns into a collapse.