The Ruble is not freely trading.
On the black market, Ruble is much lower.
https://freerepublic.com/focus/f-news/4064886/posts
RUBLE SMASHES FOUR-YEAR HIGH AGAINST US DOLLAR
“The Ruble is not freely trading. On the black market, Ruble is much lower.”
Last time I checked an unofficial Moscow trading site was running around ₽200 for $1.
Today the range is ₽280 to ₽350 for $1.
To be fair this isn’t necessarily a reflection of the true value of the ₽ to the $ but instead is also going to reflect the impact of too many rubles chasing too few dollars or Euros. Demand is outstripping supply and the suppliers are charging a premium.
You do understand the absurdity of your statement…
“The Ruble is not freely trading.
On the black market, Ruble is much lower.”
You and another troll here repeat it over and over again, except there is no black market and you can freely buy forex in any bank. Of course the banks’ rates are less lucrative compared to the exchange. It was like this forever.
As for inflation it is mostly rubbish. There was price hike on many imports in March, now most of it is back to normal. With the parallel import legalized, imported stuff like clothes and electronics is lower now than in February.