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This is something that has been building up for a while. You could see it best in the RUR to USD rate, which was at an all-time low this year at about 23, but
by tomh 18y ago
This is something that has been building up for a while. You could see it best in the RUR to USD rate, which was at an all-time low this year at about 23, but has been crawling back up to 26 ever since the Russia-Georgia conflict.
Is it all connected to the war or not? Many of my friends in Russian finance say it's just a 'course correction', but you never know...