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Bank of Russia Central Bank Charles Lichfield China conflict Crude Oil cut rate Economics EU Gas India interest rate Martin Armstrong OIL Peace Talks rouble ruble ruble crash ruble falls ruble plunges Ruble Rises Ruble strength Russia russia bank run Russia Ruble russian bank run russian sanctions Sanctions Ukraine Ursula Von Der Leyen Vladimir Putin War Western Allies Youtuber Jake Broe

Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’

7 min read

Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed

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Bank of Russia Central Bank Coal conflict Crude Oil cut rate Economics EU Gas gold backed ruble gold parity gold ruble interest rate OIL Peace Talks rouble ruble ruble crash ruble falls ruble gold ruble plunges Ruble Rises Ruble strength Russia russia bank run Russia Ruble russian bank run russian sanctions Sanctions slashed rate Ukraine Vladimir Putin War Western Allies

American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency

4 min read

Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are

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