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11%. Slashed three days ago from 14%. It will be back to single-digits pretty soon. https://edition.cnn.com/2022/05/26/business/russia-economy-ruble-interest-r

• onlyrealcuzzo 4y ago
  We'll see how that goes when their oil exports drop from 7.8M to 4.3M - and their natural gas exports decline similarly. That's ~15% of the economy. Russia itself is predicting that the unemployment rate will double to 9%. That's about the highest unemployment has gone in Western countries at the absolute peak of recessions. The idea that the Russian economy is doing well or better than pre-war is absurd. There's more to an economy than the value of your currency which governments and central banks have a lot of power to easily manipulate.