Join Nostr
2024-11-23 15:57:41 UTC

Tendar on Nostr: The Russian Ruble is in steep decline, losing another 3% just in a matter of hours. I ...

The Russian Ruble is in steep decline, losing another 3% just in a matter of hours. I guess that the Russian base interest rate will be increased soon above the current and high 21%, in order to slow down this development.

Russia's stagflation (recession plus inflation) has begun and the fast dropping value of the Russian currency is only but a taste of what's about to come.