I think they must be scrambling to get that whopping $150billion national debt under control. Let’s see, the U.S. borrows the Russian national debt every ten days or so. I’d swap their economy for ours any day.
IMHO Russia is trying to make its currency not quite as worthless as the U.S. dollar.
Kenya’s central bank holds main lending rate at 13.0%
https://www.reuters.com/world/africa/kenyas-central-bank-holds-main-lending-rate-130-2024-04-03/
Hey - we have IPhones and digital munney, and they have useless stuff like boundless natural resources.