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Why is the Russian Ruble So Strong Right Now?

The Analyst (New Real Media)
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Published on 20 Jun 2022 / In News and Politics

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Russia’s Economy Is Tanking but the Ruble Soared. Here’s Why.
https://www.wsj.com/articles/russias-economy-is-tankingbut-the-ruble-is-soaring-11653559916#:~:text=The%20combination%20of%20sanctions%2C%20which,for%20natural%20gas%20in%20rubles.

How Russia’s Central Bank Engineered the Ruble’s Rebound
https://www.wsj.com/articles/how-russias-central-bank-engineered-the-rubles-rebound-11648458200?mod=article_inline

List of exports of Russia
https://en.wikipedia.org/wiki/List_of_exports_of_Russia

Strong Dollar: Advantages and Disadvantages
https://www.investopedia.com/articles/forex/051415/pros-cons-strong-dollar.asp

How Russia rescued the ruble
https://www.npr.org/sections/money/2022/04/05/1090920442/how-russia-rescued-the-ruble

How Russia’s vigorous ruble defense could backfire
https://www.politico.eu/article/how-russias-vigorous-ruble-defense-could-backfire/

Russia central bank more than doubles key interest rate to 20% to boost sinking ruble
https://www.cnbc.com/2022/02/28/russia-central-bank-hikes-interest-rates-to-20percent-from-9point5percent-to-bolster-ruble.html

Russia’s central bank cuts key interest rate to 11%, citing decreased stability risks
https://www.cnbc.com/2022/05/26/russias-central-bank-cuts-key-interest-citing-decreased-stability-risks.html

Russia cuts key interest rate back to prewar level
https://www.cnbc.com/2022/06/10/russia-cuts-key-interest-rate-back-to-pre-war-level.html

Russia’s Top 10 Imports
https://www.worldstopexports.com/russias-top-10-imports/

Russia to temporarily ban foreigners from selling assets
https://www.reuters.com/business/russia-impose-temporary-curbs-foreigners-seeking-exit-assets-2022-03-01/

Central Bank of Russia limits foreign cash withdrawals until Sept 9
https://www.business-standard.com/article/international/central-bank-of-russia-limits-foreign-cash-withdrawals-until-sept-9-122030900107_1.html

Russian central bank steps in to prop up rouble and avert market collapse
https://www.theguardian.com/business/2022/feb/24/russian-central-bank-buys-up-roubles-to-avert-stock-market-collapse-invasion-ukraine-fiancial-meltdown

U.S., allies set to impose more sanctions on Russia following outrage over possible war crimes
https://www.cnbc.com/2022/04/05/us-allies-to-impose-russia-sanctions-following-outrage-over-bucha.html

Why Europe is so dependent on Russia for natural gas
https://www.cnbc.com/2022/02/24/why-europe-depends-on-russia-for-natural-gas.html

Russia is now exposed to a historic debt default: Here’s what happens next
https://www.cnbc.com/2022/05/25/russia-is-now-exposed-to-a-historic-debt-default-heres-what-happens-next.html

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#Russia #Currency #Ruble
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DISCLAIMER:
This video is for entertainment purposes only. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.

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