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Ruble Weakens Toward 100 Per Dollar for First Time in 16 Months

(Bloomberg) -- The slump in Russia’s ruble shows little sign of abating amid high currency outflows and worsening foreign trade conditions as sanctions over the war in Ukraine take their toll on the economy.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureWall Street WhatsApp, Texting Fines Exceed $2.5 BillionUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksTesla CFO Kirkho...
Gorod Astana Alexander Isakov Elvira Nabiullina Vladimir Putin Andrey Kochetkov George Vaschenko
Source: yahoo.com

Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate -- Society's Child -- Sott.net

On Friday the ruble surged to the highest level in seven years against the euro, thanks in large part to the Putin-ordered mandatory conversion of foreign currency by export-focused companies, also as China and India (and much of Europe) are...
United States Alexander Novak George Vaschenko Freedom Finance Deputy Prime Minister Alexander Novak President Biden
Source: sott.net

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