Russia plays roulette with the rouble
The Russian rouble has tumbled to its lowest level since the early weeks of President Putin’s full-scale invasion of Ukraine.
Menu
The Russian rouble has tumbled to its lowest level since the early weeks of President Putin’s full-scale invasion of Ukraine.
Sanctions have tightened and the war in Ukraine shows no signs of reaching an end, but something unexpected has happened.
The viability of Russia maintaining a fixed rate of roubles for gold is closely related to what happens to demand for Russian energy.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
