Ruzzians economy is fucked up, only Putler does’t know yet….
PolecatXOXO on
That’s bank rates and a bit meaningless considering official sanctions. Get a pic from a street exchange and see the real deal.
minkey-on-the-loose on
I thought if you cannot exchange them on an open market, the value of the currency is whatever the country wants to call it.
Full disclosure-I am not an economist.
oeew on
Remember ruzzians and magatards thinking ruzzia’s economy was improving when rubble spiked to 130 after war and ruzzia poured billions of accumulated foreign currency into it and prohibited anyone to trade rubble and it came down to 60
Novel_Source372 on
Considering the rate of inflation in Russia, I’m surprised it’s not more !
MaduCrocoLoco on
Up means bad
Edit: for Russia
Cyclonit on
Very bad wording in your title. The ruble’s value is going down compared to the dollar.
kollhpp on
Which means it that rubles are now devalued to even less than one US cent (dropping below a penny).
nakabra on
You meant to say that the value of the dollar spiked to over 100 rubles, right?
It took me a minute to decode this title…
impermanentvoid on
Who in their right mind would ever support or invest in ruzzia
Grofvolkoren on
It has been artificially held at 100 shitcoins for 1 dollar for about 2 years now. This isn’t news.
Vesemir66 on
1 Mexican Peso = 5 Russian Rubles The Russian Ruble is WEAK
wegmzhm on
Line go up, everything is going according to plan /s
RoxSpirit on
Your typical ruzzian :
It doesn’t mean anything because I grow carrot in my garden.
Vaideplm84 on
Rubble.
cheweychewchew on
Gee the Ruble and DJT stock are spiking at the same time?!? Ya don’t say?
caveTellurium on
Up ? no. Down. 1 USD = 100 RUB now. = 1,000 RUB in 3 months. = 1,0000,000 RUB by end of 2025. Because losing war and stuff like that.
Kimchi_Cowboy on
Russia has been messing with their rates. Going up is bad for Russians.
malcolmrey on
rubble
MuttFett on
Look at the price of oil. That’s why the Ruble is strengthening.
Open-Passion4998 on
Good news! Keeping inflation down below some arbitrary number is extremely expensive and cannot last forever. Just a 15 to 20 percent loss in value will also mean that Russian hiked military budget isn’t actually an increase which is bad for putin
Trade_Agreement on
See that you stupid westoid?! It’s going UP and it’s GREEN!!! The sanctions don’t work so there’s no need to keep them … (please don’t keep them)
ThorvaldtheTank on
I wouldn’t say Ruble increasing in amount per USD is a “spike in value.”
23 Comments
Ruzzians economy is fucked up, only Putler does’t know yet….
That’s bank rates and a bit meaningless considering official sanctions. Get a pic from a street exchange and see the real deal.
I thought if you cannot exchange them on an open market, the value of the currency is whatever the country wants to call it.
Full disclosure-I am not an economist.
Remember ruzzians and magatards thinking ruzzia’s economy was improving when rubble spiked to 130 after war and ruzzia poured billions of accumulated foreign currency into it and prohibited anyone to trade rubble and it came down to 60
Considering the rate of inflation in Russia, I’m surprised it’s not more !
Up means bad
Edit: for Russia
Very bad wording in your title. The ruble’s value is going down compared to the dollar.
Which means it that rubles are now devalued to even less than one US cent (dropping below a penny).
You meant to say that the value of the dollar spiked to over 100 rubles, right?
It took me a minute to decode this title…
Who in their right mind would ever support or invest in ruzzia
It has been artificially held at 100 shitcoins for 1 dollar for about 2 years now. This isn’t news.
1 Mexican Peso = 5 Russian Rubles The Russian Ruble is WEAK
Line go up, everything is going according to plan /s
Your typical ruzzian :
It doesn’t mean anything because I grow carrot in my garden.
Rubble.
Gee the Ruble and DJT stock are spiking at the same time?!? Ya don’t say?
Up ? no. Down. 1 USD = 100 RUB now. = 1,000 RUB in 3 months. = 1,0000,000 RUB by end of 2025. Because losing war and stuff like that.
Russia has been messing with their rates. Going up is bad for Russians.
rubble
Look at the price of oil. That’s why the Ruble is strengthening.
Good news! Keeping inflation down below some arbitrary number is extremely expensive and cannot last forever. Just a 15 to 20 percent loss in value will also mean that Russian hiked military budget isn’t actually an increase which is bad for putin
See that you stupid westoid?! It’s going UP and it’s GREEN!!! The sanctions don’t work so there’s no need to keep them … (please don’t keep them)
I wouldn’t say Ruble increasing in amount per USD is a “spike in value.”