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2024-11-29 Caucasus/Russia/Central Asia

Ruble Collapse: Why the Dollar is Growing and What Will Happen to Prices on Everything

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Posted by badanov 2024-11-29 00:00|| || Front Page|| [11153 views ] Top

#1 The Ruble was down to 113/1 against the Dollar Wednesday morning Central Time, so it has recovered slightly.

Of course, with the Russian Central Bank cutting off trading, there won't be any accurate exchange rate figuress until after the first of the year or whenever they decide to open up again.

Posted by Mullah Richard 2024-11-29 07:10|| 2024-11-29 07:10|| Front Page Top

#2 Woo-boy! Russian economics. Sorta like Russian physics, but less comprehensable and totally untestable.

Posted by ed in texas 2024-11-29 08:19|| 2024-11-29 08:19|| Front Page Top

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