Bank will discuss interest rate after high spending on war in Ukraine and drop in export revenues put further pressure on Russia’s economy.
Bank will discuss interest rate after high spending on war in Ukraine and drop in export revenues put further pressure on Russia’s economy.
1 dollar is about 98 rubles at the moment.
When I visited Russia like 15 years ago, it was 1 dollar to 33 rubles. Although shortly after I visited it went to 66 rubles.
That’s a pretty significant drop in value.
Don’t know what you did there but you should visit it again.
College roommates we’re from there I went with them and stayed with their family.
In the same timeframe, most wages not significantly changed, a big cup of fast noodles went from 20 to 100 roubles, bread 10-15 to 50+, simple 0,5L of bottled water gone 50 from 15. Hoping it would bounce back from 100 to 90-something is kinda ridiculous, especially as these drops were all self-inflicted and it was easy not to cause them in the first place. I don’t understand how you as a brief visitor could observe these dramatic changes in time, but locals around me can’t or don’t have a problem with it.
Well, I used to work in banking and was studying international business in grad school around the time I was there. So I think it’s just the kind of stuff I was exposed to.