4 ms·
The ruble has lost about that vs USD since Feb 21/22nd and that is with a crazy 10% emergency rate hike between then and now to defend the ruble.
by veganhouseDJ 5y ago
The ruble has lost about that vs USD since Feb 21/22nd and that is with a crazy 10% emergency rate hike between then and now to defend the ruble.
- kelseyfrog 5y agoI probably have something to learn here when I ask, exchange rates are being used to infer Russian inflation a la https://www.economicsdiscussion.net/exchange-rate/nominal-and-real-exchange-rates-of-an-open-economy-with-formula/15490 https://www.economicsdiscussion.net/exchange-rate/nominal-an... because Russian cpi/wpi numbers are not available/trustworthy on the short timescales we're dealing with here?