and oil/natgas prices are lower which lessens demand for rubles.
His hiking rates seems to have stopped the ruble decline-now it looks like he waited too long to do it.
It will be interesting to see what happens esp if Europe has a mild winter.
Closer to the Channel, Paris has highs in the mid-50s, lows in the mid 40s. London has highs in the mid-40s, lows in the high 30s.