Current:Home > MyWhy a weak Ruble is good for Russia's budget but not Putin's image -EverVision Finance
Why a weak Ruble is good for Russia's budget but not Putin's image
Surpassing Quant Think Tank Center View
Date:2025-04-11 02:01:24
Russia's Ruble is hovering around its lowest value against the dollar since June 2022. A weak currency is already a big deal for ordinary people affected by inflation, but in Russia, the concern is only amplified because of the Ruble's unique history in Russia. Today, we dive deep into Russia's historical connection to the Ruble and why a weak Ruble puts Russia in a difficult position today.
Related Episodes:
The artificial strength of the Russian ruble (Apple Podcasts / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (72875)
Related
- Small twin
- Thousands at Saturday 'March for Gaza' in Washington DC call for Israel-Hamas cease-fire
- Are banks, post offices, FedEx, UPS open on MLK Day 2024? Is mail delivered? What to know
- Judge orders Trump to pay nearly $400,000 for New York Times' legal fees
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- How Rozzie Bound Co-Op in Massachusetts builds community one book at a time
- States with big climate goals strip local power to block green projects
- Packers QB Jordan Love helps college student whose car was stuck in the snow
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Caitlin Clark points tracker: When will Iowa basketball star break NCAA scoring record?
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Why Los Angeles Rams Quarterback Matthew Stafford Is the MVP of Football Girl Dads
- DEI opponents are using a 1866 Civil Rights law to challenge equity policies in the workplace
- Worried about losing in 2024, Iowa’s Republican voters are less interested in talking about abortion
- B.A. Parker is learning the banjo
- How Wealthy Corporations Use Investment Agreements to Extract Millions From Developing Countries
- Deion Sanders wants to hire Warren Sapp at Colorado, but Sapp's history raises concerns
- Citigroup to cut 20,000 jobs by 2026 following latest financial losses
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Taiwan president-elect Lai Ching-te has steered the island toward democracy and away from China
Tennis balls are causing arm injuries, top players say. Now, a review is underway
The ruling-party candidate strongly opposed by China wins Taiwan’s presidential election
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Jason Isbell on sad songs, knee slides, and boogers
Jason Isbell on sad songs, knee slides, and boogers
NFL schedule today: Everything to know about playoff games on Jan. 13