Flipboard Picks in News on Nostr: The ruble sunk to its lowest level in over two years as Russia’s war effort, ...

The ruble sunk to its lowest level in over two years as Russia’s war effort, sanctions, and low oil prices squeeze the country’s economy. The central bank suspended currency purchases for the second time in two years in hopes of tamping down runaway inflation, which officials say is at 8.5 percent but independent research suggests is much higher. Read more from nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq8087la0hmzza937nfe506r0uh3h9zhv7mg8y09m99r068yx0vqgqel6lxy (nprofile…6lxy)

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#Russia #Ruble #Economy #Ukraine #Inflation