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RUBLE SMASHES FOUR-YEAR HIGH AGAINST US DOLLAR
Daily Telegraph ^
Posted on 05/20/2022 8:36:40 AM PDT by navysealdad
The exchange rate reached 57.67 rubles per dollar at 08:13 GMT, its firmest against the US currency since March 2018, according to data from the Moscow Exchange. The ruble also gained nearly 5% on the euro, with the exchange rate now below 60 rubles per euro, hitting a seven-year high.
According to Bloomberg, the Russian currency has become the world’s best-performing currency this year despite its sharp drop in April sparked by unprecedented economic sanctions placed on Russia.
(Excerpt) Read more at dailytelegraph.co.nz ...
TOPICS: News/Current Events; Russia
KEYWORDS: 10percent4bigguy; 40billionwasted; agitprop; americalast; angrybidenbotsbelow; angrybidenbuttboys; biden4zelensky; bidenlovertrollsonfr; bidensanctionshurteu; bidensanctionshurtus; bidenswar; bidenswaronamerica; bidenworshippers; blueandyellowdrank; chechens; chechnya; clownworld; cocaine4ukraine; codepink; debt; dumbmmentary; hateamericafirst; hatebidenlastcrowd; homosexualagenda; hunterscashcow; inflation; natoaggression; neocons4biden; neoconsonfr; putinlovertrollsonfr; putinsbuttboys; putinworshippers; rubleathistorichigh; rubleisat57; rubleisrising; rubleisrubble; russia; russianaggression; therubleisrubble; uketards; ukraine; ukrainecorruption; ukraineslushfund; zelenskyfilthyrich; zotthebidentrolls; zottherussiantrolls; zotthesorostrolls
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To: navysealdad
2
posted on
05/20/2022 8:40:32 AM PDT
by
OttawaFreeper
("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
To: navysealdad
The Ruble has been around for 500 years.
3
posted on
05/20/2022 8:41:55 AM PDT
by
Sacajaweau
( )
To: navysealdad
RUBLE SMASHES FOUR-YEAR HIGH AGAINST US DOLLAR Buy! ;)
4
posted on
05/20/2022 8:44:16 AM PDT
by
tlozo
(Trump-the Russian invasion of Ukraine is " truly a crime against humanity")
To: navysealdad
Gold backed currency?
Printing press backed currency?
Hmmmmm.
5
posted on
05/20/2022 8:46:31 AM PDT
by
Tupelo
(Don't underestimate The Republican Party's ability to f*ck things up)
To: OttawaFreeper
I’ll risk getting banned here,
but Joe isn’t the problem,
it is the Democrat party,
We should have killed them in 1865.
Prepare.
6
posted on
05/20/2022 8:47:29 AM PDT
by
rellic
But the Ukraine firsters had the cute “ruble will be rubble” slogan.
7
posted on
05/20/2022 8:48:21 AM PDT
by
proust
(All posts made under this handle are, for the intents and purposes of the author, considered satire.)
To: navysealdad
8
posted on
05/20/2022 8:50:33 AM PDT
by
HighSierra5
(The only way you know a commie is lying is when they open their pieholes.)
To: navysealdad
More STICKING IT TO THE RUSSIANS!!!
9
posted on
05/20/2022 8:51:18 AM PDT
by
BobL
(Putin isn't sending gays into our schools to groom my children, but anti-Putin people are)
Waiting for Russia to default.
10
posted on
05/20/2022 8:53:38 AM PDT
by
proust
(All posts made under this handle are, for the intents and purposes of the author, considered satire.)
To: navysealdad
said otherwise, the dollar loses value against the ruble...
11
posted on
05/20/2022 8:53:57 AM PDT
by
wny
( )
To: navysealdad
I wonder how much Soros just made.
12
posted on
05/20/2022 8:55:50 AM PDT
by
Orosius
To: Sacajaweau
I thought it might be older
To: rellic
Thank goodness, there are others that see where the true evil is coming from. Which is why I have mentioned that I would not shed a tear if the top 20 most populated democrat cities where burned to cinders in a meteor strike.
To: proust; Tupelo
Anyone here know even the basics of economics?
Russia hiked interest rates to 14%. The USA is at 1%. The currencies are stable only when Russia offers a return 14 times higher than we do.
That 14% interest rate has also caused almost all borrowing in Russia to grind to a halt and is pushing the economy towards a deep recession
15
posted on
05/20/2022 8:59:13 AM PDT
by
Renfrew
To: Renfrew
To: Renfrew
Economic and financial illiterates.
This is like getting giddy over some sales record because the company gave a 80% discount on the product price. Meaningless.
To: Renfrew
Finally, an economics expert. Tell me when Russia will go into a deep recession. A year from now? Six months? Two weeks? Two days?
18
posted on
05/20/2022 9:07:11 AM PDT
by
proust
(All posts made under this handle are, for the intents and purposes of the author, considered satire.)
To: Renfrew
“That 14% interest rate has also caused almost all borrowing in Russia to grind to a halt and is pushing the economy towards a deep recession”
Don’t inject reality into the Putard party.
To: proust
They’re out dancing to techno with their homo Zelenskyy.
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