The rubles free fall:

The rubles free fall:
by u/Aggravating_Sense183 in ukraine



by Aggravating_Sense183

13 comments
  1. Question is, to what level must it be at for Russians to riot

  2. Hahaha great! We still need it to fall more though 🙁

    But 40% in a year has to have some impact.

  3. Looking forward to the carnage when the markets open tomorrow

  4. Been watching this for months but missed this gradual then more sudden recent decline.

    This is with them propping it up buying rubbles.

    And with the capital control they have in place incl throttling bank withdrawals etc.

    And all that lost overseas loot in banks.

    Meanwhile the cost is huge for the war and anything they want to buy is getting more and more expensive.

    Enjoy your poverty Russia

  5. Dang, it looked like it went from 0,16 to 0,08 in a year.
    But the last short term graph showed 0,008!
    That s like a 95% drop in value …

  6. The only time you don’t want to see a Ruzzian flat-line…

  7. Russia is in for some hard decades. Their economy might not ever recover to pre war levels, NATO will end up forming a wall against them, and the honey Badger that is Ukraine will be better armed than Russia on the other side of this.

    I think Putin will be dead, and Russia will know they lost bigger than they had ever hoped to win.

  8. Misleading, the russian Ruble is not a publically traded currency, this means its value is whatever Russia claims it to be, as you cant buy or sell it without authorization from the Russian government.

    So this is their current set asking rate. What this shows is their level of desperation.

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