Russia's Ruble and Ruble Inflation
Since 1997 the Ruble has been in free fall (see chart on left, 3 month line chart showing drop since 1997 through today).
Anyone talking about the pre-war recovery needs to zoom out and look at the bigger picture.
Two days ago, inflation was at 9%, it has nearly doubled in that time, skyrocketing to 16.7% (chart on right, shows inflation since near the start of the pandemic).
Anyone talking about the pre-war recovery needs to zoom out and look at the bigger picture.
Two days ago, inflation was at 9%, it has nearly doubled in that time, skyrocketing to 16.7% (chart on right, shows inflation since near the start of the pandemic).