this post was submitted on 23 Nov 2024
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"The Russian Ruble is even collapsing against the Ukrainian Hyrivnia Food for thought."

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[–] Buffalox 33 points 2 months ago* (last edited 2 months ago) (1 children)

β€œonly” increase by about 8% compared to the ruble.

In 1 month, 8% is massive, especially since Russia has increased central bank interest rate to 21%. While Ukraine has lowered theirs from 16 to 13 this year.

[–] [email protected] 16 points 2 months ago (1 children)

In 1 month, 8% is massive

Counterpoint, it's only been two weeks πŸ™ƒ

[–] Buffalox 9 points 2 months ago

Absolutely, the past 2 weeks were the really bad ones. I just went with the scale of the graph.