Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $12,863
15%  
Woo hoo!! And now less than $100 to reach 16%!! Thank you all very much!! God bless.

Keyword: therubbleisruble

Brevity: Headers | « Text »
  • Russia in panic as US sanctions trigger ruble collapse

    11/29/2024 3:54:01 AM PST · by marcusmaximus · 35 replies
    DW ^ | Arthur Sullivan
    The Russian rouble has plunged to its lowest level against the dollar since the immediate aftermath of the full-scale invasion of Ukraine in March 2022. The ruble hit 113 against the US dollar on Thursday. On Wednesday, Russia's central bank announced it would stop foreign-currency purchases to try and strengthen the currency and ease pressures on financial markets. The ruble has been sliding since late summer, falling by more than a third since August. Oil prices have fallen in the same period, hitting Russia's earning capacity from its most important commodity. That has piled pressure onto a war economy already...