Russian ruble collapses as Putin’s economy in trouble

https://www.newsweek.com/russia-ruble-dollar-currency-economy-1992332

by newsweek

4 comments

  1. By Brendan Cole – Senior News Reporter:

    The Russian currency, the ruble, has plunged to its lowest rate against the U.S. dollar since the start of Vladimir Putin’s full-scale invasion of Ukraine as sanctions continue to hurt his country’s economy.

    After two months of depreciation, the ruble dropped on Tuesday to 107 against the dollar for the first time since March 2022, just after the start of the war that prompted Western-led sanctions, an exodus of companies from Russia and financial turbulence.

    Read more: [https://www.newsweek.com/russia-ruble-dollar-currency-economy-1992332](https://www.newsweek.com/russia-ruble-dollar-currency-economy-1992332)

  2. Good. The terrorists that run that country need to meet the stick for what they have done in Ukraine and for what they have done for disinformation.

    Hopefully that brain drain remains permanent.

  4. Russia isn’t trading with the USA. It’s only a 6% change. Russia will still win in Ukraine

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