News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Discover Latest #Ruble News, Articles and Videos with Contenting
Ruble is the official currency of Russia and is traded on the Moscow Stock Exchange. The Russian Ruble has been around since the 16th century and is currently the world's 13th most traded currency. It is also one of the most volatile currencies due to its lack of liquidity and political volatility. The Ruble is made up of 100 kopecks and is represented by the symbol "RUB". The Ruble is used to purchase goods and services in Russia and is also used as a reserve currency in some countries. In recent years, the Ruble has seen a great deal of volatility due to political and economic events in Russia. The currency has been subject to sanctions and devaluations and is currently worth less than half of its pre-crisis value.
Putin’s Butter Crisis Intensifies as Ruble Slides | The Market Monetarist
Today, the Russian ruble has weakened significantly - 7-8% against the euro and dollar. This is quite substantial - even for an Emerging Markets currency. I am generally very sceptical about shouting "collapse" every time economic news (often just rumours) comes out of Russia, and I would also emphasise that the ruble market is virtually…
Friday assorted links - Marginal REVOLUTION
1. Norway Shrugged (note also that Magnus is moving to Spain). 2. Megan McArdle podcast on food and other matters, with Razib Khan. 3. A funny kind of futarchy (this is in jest and is not true): “Mr. Putin just declared a new Red Line. If the Russian Ruble falls to 115.00 is considered escalation […]
How is the Russian war economy doing? - Marginal REVOLUTION
Here is a gloomy account from Vladimir Mirov: Ruble depreciation will contribute to inflation even further, as Russia is continued to be heavily reliant on imports – this is a kind of self-sustaining spiral. I also strongly disagree with those who say that cheaper ruble is “good” for exporters and the budget. Exporters have yet […]