Tag Archives: foreign currency

What Is Maintaining The Ruble-USD Band?

Posted on April 29, 2024 by Lawrence Person

I’m hardly an expert in foreign currency exchange, but something odd seems to be happening in the Russian Ruble-U.S. Dollar exchange rate. Obviously, the ruble has lost value because of the extensive sanctions and cutoff from SWIFT following Russia’s launch … Continue reading →

Posted in Economics, Foreign Policy | Tagged , , , , , , , , , | 9 Comments

How Bad Off Is The Russian Ruble?

Posted on November 4, 2023 by Lawrence Person

An important but less dramatic aspect of the Russo-Ukrainian War is just what effects the war and resulting sanctions are having on the Russian economy. It’s hard for outsiders to get a handle on just how badly the Russian economy … Continue reading →

Posted in Economics, Military, video | Tagged , , , , , , , , , , | 13 Comments

Ruble Now A Penny

Posted on August 14, 2023 by Lawrence Person

When Russia launched its illegal war of territorial aggression against Ukraine in February of 2022, many observers thought western financial sanctions would quickly crash the Russian economy. When Russia was cut out of SWIFT, the Ruble plunged to below a … Continue reading →

Posted in Economics, Foreign Policy | Tagged , , , , , , , | 20 Comments