Why a weak Ruble is good for Russia's budget but not Putin's image

2024-12-26 13:06:25 source:lotradecoin advanced trading options category:Contact

Russia's Ruble is hovering around its lowest value against the dollar since June 2022. A weak currency is already a big deal for ordinary people affected by inflation, but in Russia, the concern is only amplified because of the Ruble's unique history in Russia. Today, we dive deep into Russia's historical connection to the Ruble and why a weak Ruble puts Russia in a difficult position today.

Related Episodes:

The artificial strength of the Russian ruble (Apple Podcasts / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Contact

Recommend

How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast

After 14 years, the police procedural "Blue Bloods" is coming to an end.Season 14 has been released

Feeding 9 Billion People

Between the world’s increasing population and its growing food consumption as poverty declines, expe

Some Fourth of July celebrations are easier to afford in 2023 — here's where inflation is easing

Americans have been feeling the burn from inflation — but it's not dampening their celebrations head