[Kazan]

Russia just lowered its interest rates because inflation is receding. The ruble is at an eight-year compared to the dollar, And, Russia is collecting a record amount of oil revenue.

Instead, worrying about harming Russia, you should be worried the idiot sanction war Biden got us into with the Russians.

[DannyTN]

LOL yeah but that’s lowering them from what 25%?

The Ruble is artificially high because of all the restrictions Russia put in place, like not being able to take dividends out of the country, exporters, being required to convert half their proceeds into rubles.

It’s not a free market exchange rate so it means nothing.