Submitted by flopsyplum t3_10prv0g in worldnews
anna_pescova t1_j6medex wrote
Reply to comment by coenjaerts in Russian Troops Offered Bounties for Destroying Western Tanks in Ukraine by flopsyplum
Unfortunately sanctions have resulted in a huge current account surplus in Russia due to import bans, accelerating the de-dollarization of its economy and driving the appreciation of the ruble. It's up over 40% against the $ from a year ago so they have no shortage of Rubles. It's just they can't purchase many foreign goods with them. And nobody else wants them!
https://www.intellinews.com/the-ruble-recovers-december-losses-as-new-year-starts-266384/
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