this post was submitted on 25 Aug 2024
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Putin’s warlords and oligarchs threaten coup as Ruble craters | My Times Ukraine Podcast | Diane Francis (dianefrancis.substack.com)
submitted 3 months ago by [email protected] to c/[email protected]
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[–] [email protected] 5 points 3 months ago (1 children)

At the beginning of August, you could get 84 rubles for $1, today you can get 91 rubles for $1. It's certainly not "cratering" per that hyperbolic headline, but it's not an insignificant change, especially since the exchange rate had otherwise been on a downward trend since April.

[–] [email protected] 13 points 3 months ago

Now try to buy $1 with 91 rubles.

I heard the dollar went for around 200 rubles on the black market...