@Julianus to World News • 2 years agoG7 refuses Russian demand for its gas to be paid in rubleswww.bne.euexternal-linkmessage-square17arrow-up114arrow-down12
arrow-up112arrow-down1external-linkG7 refuses Russian demand for its gas to be paid in rubleswww.bne.eu@Julianus to World News • 2 years agomessage-square17
minus-square@isleofmistlink5•2 years agoRuble is almost back to where it was pre-invasion. Russia is one of the biggest exporter of commodities in the world (oil, natural gas, wheat…). Ruble has plenty of support.
minus-square@JulianusOPlink-1•2 years agoThat uptick is quite striking: https://www.google.com/finance/quote/RUB-USD?window=5Y but it’s still pennies on the dollar. Their threat of a 4M ruble sanction on Wikipedia for documenting the Ukrainian invasion was only $49k. You could put that on a credit card.
Ruble is almost back to where it was pre-invasion.
Russia is one of the biggest exporter of commodities in the world (oil, natural gas, wheat…). Ruble has plenty of support.
That uptick is quite striking:
https://www.google.com/finance/quote/RUB-USD?window=5Y
but it’s still pennies on the dollar. Their threat of a 4M ruble sanction on Wikipedia for documenting the Ukrainian invasion was only $49k. You could put that on a credit card.