The Russian ruble exchange rate dropped again

The Russian ruble exchange rate dropped again. Yesterday, the US dollar was worth 98 rubles, and today it has already reached 108. As long as the war continues, the ruble is likely to face more significant fluctuations.

Recently, Russian dictator Vladimir Putin claimed there was no reason to panic over the ruble and assured Russians that “everything is going according to plan.” However, judging by the ruble’s instability, it seems that Putin’s “plan” only guarantees ongoing problems for the Russian economy.

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