The Ruble death watch resumes.
Russian ruble down about 7% against the dollar over the last 30 days.
https://www.xe.com/currencycharts/?from=USD&to=RUB&view=1M
The ruble peaked at 84 cents on 19 June, but hit 96 on October 1st (since secondary sanctions hit). It is not just the dollar, the ruble is weakening against the Chinese Yuan and Indian Rupee as well..
Seems that the Central bank may be constrained in available foreign currency to continue propping up the ruble.
Financial ammo running low?
Correction: The Russian ruble peaked at 84 KOPECKS (Not cents) to the US dollar on June 19th, but weakened to 96 on October 1st.
Since the ruble is not traded worldwide to any great extent, what does the ruble to dollar comparison actual mean?