The ruble continues to devaluate against the dollar. 1 dollar is now worth 94.5 rubles, the highest level in 16 months. on the same day last year, 1 dollar was worth 61 rubles

by Straight_Ad2258

4 comments
  1. fun fact: after Prigozhin’s failed march to Moscow,Russian ruble **lost value even against the Turkish lira**

    the march happened on 23-24 June

    * on 22 June, 100 rubles were worth 30.75 liras
    * now on 4-th of August 100 rubles are worth 28.9 liras

    this is of course only an extreme event,but it shows how much of an impact political instability can have on exchange rate

    [https://tradingeconomics.com/eurrub:cur](https://tradingeconomics.com/eurrub:cur)

  2. i think it’s been well demonstrated at this point that russia doesn’t give a rats ass

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