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Keyword: rubleisrubble

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  • Russia’s plummeting ruble The Russian currency market is drying out over sanctions

    04/08/2023 7:52:26 AM PDT · by Cronos · 27 replies
    Novaya Gazeta ^ | 8th April 2023 | Arnold Khuchaturov
    The ruble, the national currency of Russia, has been depreciating the whole week. At midday on Friday, the dollar was trading at 83 rubles, the euro — 91 rubles. These are the lowest values that the ruble has hit since last spring when Russia’s invasion of Ukraine was just beginning. At the time, the currency markets were in full-blown panic, the dollar soared to 130 rubles, while the exchange rate fluctuations reached 10% a day. There are now far fewer causes for worry. Following the OPEC+ decision to cut oil production, the Brent crude price rose to $85, a comfortable...
  • A Putin joke

    08/23/2022 1:53:04 PM PDT · by Ning_England · 62 replies
    Putin dies and goes to hell, but after a while, he is given a day off for good behavior. So he goes to Moscow, enters a bar, orders a drink, and asks the bartender: -Is Crimea ours? -Yes, it is. -And the Donbas? -Also ours. -And Kyiv? -We got that too. Satisfied, Putin drinks, and asks: -Thanks, how much do I owe you? -5 euros.
  • RUBLE SMASHES FOUR-YEAR HIGH AGAINST US DOLLAR

    05/20/2022 8:36:40 AM PDT · by navysealdad · 51 replies
    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.