By Natasha Preskey
BBC News

The Russian rouble has fallen to its lowest value for a year, since shortly after Russia invaded Ukraine.
The currency slid to 82 roubles against the US dollar on Friday morning on the Moscow Stock Exchange (MOEX)
Russia has been hit with massive economic sanctions since it began an offensive in Ukraine in February 2022.

Earlier this year, Russia said its economy had shrunk by 2.1% in 2022, far less than the 15% fall that had been predicted. The rouble also slid by 2% to 90.06 against the euro on Friday morning.
Traders said the fall was linked to several factors, including lower oil prices in March cutting Russian revenue, and the sale of Western businesses in Russia in the wake of the invasion

The rouble's value has not slumped to this level since April 2022, though it was even lower in the immediate aftermath of the invasion, when it fell to 113 roubles per US dollar. The currency stabilised in July to reach 50 roubles - but it has weakened again since then. President Vladimir Putin had insisted the economy was standing strong against economic sanctions, but last week he admitted that the penalties could have a negative effect on Russia

Russia's Finance Minister Anton Siluanov said the latest fall was linked to changes to imports and exports to the country.
He added that the exchange rate fluctuated with "the conditions of changing foreign economic conditions".
Asked if people in the country should be concerned, he said the rouble was likely to strengthen thanks to the continued sales of Russian energy on the global market.
Late last year, Western countries imposed a price cap on Russian oil, a huge source of income for the country. It was one of many sanctions imposed by nations supporting Ukraine.
But despite these punishments, the Russian economy has shrunk far less than predicted, and commentators have been surprised at its resilience.
While energy imports to Europe fell sharply in 2022, buyers in China, India and elsewhere stepped in to fill the void. And when hundreds of Western companies withdrew from Russia in protest of the invasion, local entrepreneurs picked up the slack.
Russia has said it is adapting its economy as a result of the sanctions, and that it hopes to have completed this process by 2024.

https://www.bbc.com/news/world-europe-65213412

I remember vividly one clown saying the Russian ruble was the best performing currency..


And they said they want to replace the dollar 😁😁😀😂😀😂😀😂😀😂😂😀😂😀😂😀😂😀😂😀😂😀😂😀😂😂😀😂😀😂😀😂😀😂😂😀😂😀😂😀😂😀😂😀😂😀😂😂😀😂😀😂😀😂😀😂😀😂😀😂😀😂😀😂😂😀😂😀😂😀😂😀😂😀😂😂😀😂😀😂😀😂😀😂

A 2% fall in value is nothing, the west is just looking for propaganda, the Naira have devalued by about 400% under Buhari (198-850) while the Ghanian Cedi lost 40% of it's value within a year. The Russians are doing well for themselves.

The best performing currency, how can? We the wailers committee will protest!

greenermodels:
A 2% fall in value is nothing, the west is just looking for propaganda, the Naira have devalued by about 400% under Buhari (198-850) while the Ghanian Cedi lost 40% of it's value within a year. The Russians are doing well for themselves.

As at last year rouble was 50 against dollar and it was rated the best performing currency. And today rouble is 82 against dollar fallen, and you're saying is nothing just a little value... And here you're comparing Naira and ghana Cedis and there currency. I don't know who is paying you guys

greenermodels:
A 2% fall in value is nothing, the west is just looking for propaganda, the Naira have devalued by about 400% under Buhari (198-850) while the Ghanian Cedi lost 40% of it's value within a year. The Russians are doing well for themselves.

You earned your money from whoever's posting you to post this nonsense. Lol

IjeBos:


You earned your money from whoever's posting you to post this nonsense. Lol

You know he is actually right and you ignorantly wrong!

Pre-war 2022, ruble averages 75-$1. It strengthened to as much as 50-$1 in the midst of the war due to a strong monetary policy. But when a currency becomes too strong, it’s makes the economy less competitive in the international market, this led to loosening of monetary controls and thus led the ruble to settle again at an average of 78-$1. So a fall from 78 to 82 is actually just too negligible, perhaps 2%. This is the result of falling oil prices which OPEC+ just addressed.

Below was the ruble pre-war, Jan 2022. Compare it to the current 82-$1. Even the BBC was very clear in saying it was a 2% slump.

obedience4:
By Natasha Preskey
BBC News

The Russian rouble has fallen to its lowest value for a year, since shortly after Russia invaded Ukraine.
The currency slid to 82 roubles against the US dollar on Friday morning on the Moscow Stock Exchange (MOEX)
Russia has been hit with massive economic sanctions since it began an offensive in Ukraine in February 2022.

Earlier this year, Russia said its economy had shrunk by 2.1% in 2022, far less than the 15% fall that had been predicted. The rouble also slid by 2% to 90.06 against the euro on Friday morning.
Traders said the fall was linked to several factors, including lower oil prices in March cutting Russian revenue, and the sale of Western businesses in Russia in the wake of the invasion

The rouble's value has not slumped to this level since April 2022, though it was even lower in the immediate aftermath of the invasion, when it fell to 113 roubles per US dollar. The currency stabilised in July to reach 50 roubles - but it has weakened again since then. President Vladimir Putin had insisted the economy was standing strong against economic sanctions, but last week he admitted that the penalties could have a negative effect on Russia

Russia's Finance Minister Anton Siluanov said the latest fall was linked to changes to imports and exports to the country.
He added that the exchange rate fluctuated with "the conditions of changing foreign economic conditions".
Asked if people in the country should be concerned, he said the rouble was likely to strengthen thanks to the continued sales of Russian energy on the global market.
Late last year, Western countries imposed a price cap on Russian oil, a huge source of income for the country. It was one of many sanctions imposed by nations supporting Ukraine.
But despite these punishments, the Russian economy has shrunk far less than predicted, and commentators have been surprised at its resilience.
While energy imports to Europe fell sharply in 2022, buyers in China, India and elsewhere stepped in to fill the void. And when hundreds of Western companies withdrew from Russia in protest of the invasion, local entrepreneurs picked up the slack.
Russia has said it is adapting its economy as a result of the sanctions, and that it hopes to have completed this process by 2024.

https://www.bbc.com/news/world-europe-65213412

. Fake news

Kingsnairaland:

. Fake news

It’s actually not fake news. But it’s just BBC propaganda. The ruble did truly lose around probably a negligible 2% due to falling oil prices. This should rebound because OPEC+ just slashed production for this reason.

Kingsnairaland:

. Fake news

Lol, ignorance is not an excuse to be deformed

b4ball:

It’s actually not fake news. But it’s just BBC propaganda. The ruble did truly lose around probably a negligible 2% due to falling oil prices. This should rebound because OPEC+ just slashed production for this reason.

Lol, reality is fasting hit you Putin's sons hard,

obedience4:



Lol, reality is fasting hit you Putin's sons hard,

Lo and behold the son of Biden, who has no life outside western props.

Oh thou son of Biden, your own article says it’s just 2%, be calming down.

obedience4:
By Natasha Preskey
BBC News

The Russian rouble has fallen to its lowest value for a year, since shortly after Russia invaded Ukraine.
The currency slid to 82 roubles against the US dollar on Friday morning on the Moscow Stock Exchange (MOEX)
Russia has been hit with massive economic sanctions since it began an offensive in Ukraine in February 2022.

Earlier this year, Russia said its economy had shrunk by 2.1% in 2022, far less than the 15% fall that had been predicted. The rouble also slid by 2% to 90.06 against the euro on Friday morning.
Traders said the fall was linked to several factors, including lower oil prices in March cutting Russian revenue, and the sale of Western businesses in Russia in the wake of the invasion

The rouble's value has not slumped to this level since April 2022, though it was even lower in the immediate aftermath of the invasion, when it fell to 113 roubles per US dollar. The currency stabilised in July to reach 50 roubles - but it has weakened again since then. President Vladimir Putin had insisted the economy was standing strong against economic sanctions, but last week he admitted that the penalties could have a negative effect on Russia

Russia's Finance Minister Anton Siluanov said the latest fall was linked to changes to imports and exports to the country.
He added that the exchange rate fluctuated with "the conditions of changing foreign economic conditions".
Asked if people in the country should be concerned, he said the rouble was likely to strengthen thanks to the continued sales of Russian energy on the global market.
Late last year, Western countries imposed a price cap on Russian oil, a huge source of income for the country. It was one of many sanctions imposed by nations supporting Ukraine.
But despite these punishments, the Russian economy has shrunk far less than predicted, and commentators have been surprised at its resilience.
While energy imports to Europe fell sharply in 2022, buyers in China, India and elsewhere stepped in to fill the void. And when hundreds of Western companies withdrew from Russia in protest of the invasion, local entrepreneurs picked up the slack.
Russia has said it is adapting its economy as a result of the sanctions, and that it hopes to have completed this process by 2024.

https://www.bbc.com/news/world-europe-65213412

Leave dem, the chickens 🐔🐔 are coming home to roost in Moscow and St Petersburg
There are queus now in both cities of Russians dumping the Roubles especially for Euros
What people in other oblasts have been suffering is now coming to Moscow and St Petersburg, the people will chase POOtin out

Propaganda.

Before Feb 24 2022 (the date Russia started it's smo), one usd was about 85 ruble. As of today, it's 84 ruble to a dollar.

So the ruble has recovered, bounced back and performing great even under the harshest sanctions known to man. But I can always trust on western rent boys to spin every narrative to make them look superior.

It's US banks that are crashing, with inflation biting deep, and more dollars printed in the last two years than the past two hundred years. But somehow, the focus is on the ruble, not your dying hegemony.

Pride always go before a fall.

b4ball:

It’s actually not fake news. But it’s just BBC propaganda. The ruble did truly lose around probably a negligible 2% due to falling oil prices. This should rebound because OPEC+ just slashed production for this reason.

OPEC+ oil production cut would be put in to operation by the end of this month,we are expecting the price of oil to raise and the ruble strengthen

obedience4:
By Natasha Preskey
BBC News

The Russian rouble has fallen to its lowest value for a year, since shortly after Russia invaded Ukraine.
The currency slid to 82 roubles against the US dollar on Friday morning on the Moscow Stock Exchange (MOEX)
Russia has been hit with massive economic sanctions since it began an offensive in Ukraine in February 2022.

Earlier this year, Russia said its economy had shrunk by 2.1% in 2022, far less than the 15% fall that had been predicted. The rouble also slid by 2% to 90.06 against the euro on Friday morning.
Traders said the fall was linked to several factors, including lower oil prices in March cutting Russian revenue, and the sale of Western businesses in Russia in the wake of the invasion

The rouble's value has not slumped to this level since April 2022, though it was even lower in the immediate aftermath of the invasion, when it fell to 113 roubles per US dollar. The currency stabilised in July to reach 50 roubles - but it has weakened again since then. President Vladimir Putin had insisted the economy was standing strong against economic sanctions, but last week he admitted that the penalties could have a negative effect on Russia

Russia's Finance Minister Anton Siluanov said the latest fall was linked to changes to imports and exports to the country.
He added that the exchange rate fluctuated with "the conditions of changing foreign economic conditions".
Asked if people in the country should be concerned, he said the rouble was likely to strengthen thanks to the continued sales of Russian energy on the global market.
Late last year, Western countries imposed a price cap on Russian oil, a huge source of income for the country. It was one of many sanctions imposed by nations supporting Ukraine.
But despite these punishments, the Russian economy has shrunk far less than predicted, and commentators have been surprised at its resilience.
While energy imports to Europe fell sharply in 2022, buyers in China, India and elsewhere stepped in to fill the void. And when hundreds of Western companies withdrew from Russia in protest of the invasion, local entrepreneurs picked up the slack.
Russia has said it is adapting its economy as a result of the sanctions, and that it hopes to have completed this process by 2024.

https://www.bbc.com/news/world-europe-65213412

Watch how braindeads will riot here because it didn't massage their dirty ego