By Free Republic | Created at 2024-11-27 13:16:18 | Updated at 2024-11-27 15:43:10
2 hours ago
Russian Ruble Slides to Weakest Level Since Early Days of Ukraine War
Wall Street Journal ^ | 11/27/2024 | Georgi Kantchev
Posted on 11/27/2024 5:07:29 AM PST by marcusmaximus
The Russian ruble dropped to its lowest level since the start of the Ukraine war, presssured by fears that new U.S. sanctions will gum up Russia’s already constrained trade channels.
The ruble's recent slide has pushed it beyond 100 rubles per dollar, a psychologically important threshold for ordinary Russians gauging the health of the economy.
On Wednesday, the currency fell to 107 against the dollar, the weakest since March 2022, according to LSEG data.
(Excerpt) Read more at wsj.com ...
TOPICS: Chit/Chat
KEYWORDS: ruble; russia
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Thank you very much and God bless you.
The collapse continues.
To: All
To: marcusmaximus
3 posted on 11/27/2024 5:09:50 AM PST by DIRTYSECRET
To: marcusmaximus
It’s 114.5 now. It going up about a ruble an hour.
This is 1921 Germany stuff.
4 posted on 11/27/2024 5:12:16 AM PST by Vermont Lt
To: DIRTYSECRET
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