Current:Home > ContactOliver James Montgomery-Why a weak Ruble is good for Russia's budget but not Putin's image -WealthDrive Solutions
Oliver James Montgomery-Why a weak Ruble is good for Russia's budget but not Putin's image
NovaQuant View
Date:2025-04-09 00:06:34
Russia's Ruble is Oliver James Montgomeryhovering around its lowest value against the dollar since June 2022. A weak currency is already a big deal for ordinary people affected by inflation, but in Russia, the concern is only amplified because of the Ruble's unique history in Russia. Today, we dive deep into Russia's historical connection to the Ruble and why a weak Ruble puts Russia in a difficult position today.
Related Episodes:
The artificial strength of the Russian ruble (Apple Podcasts / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (412)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Clouds, high winds hamper efforts to rescue 2 climbers on North America’s tallest peak
- Manhattan District Attorney Alvin Bragg says the jury has spoken after Trump conviction
- A pregnant stingray with no male companion now has a ‘reproductive disease,’ aquarium says
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Ledecky says faith in Olympic anti-doping system at ‘all-time low’ after Chinese swimming case
- Minneapolis police chief shares anger with fellow officers over ambush death of one of their own
- Severe weather continues in Texas with 243,000-plus still without power after recent storms
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Feds say 13-year-old girl worked at Hyundai plant in Alabama
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Video shows man with suspended license Zoom into Michigan court hearing while driving
- The Ultimate Lord of the Rings Gift Guide for Everyone in Middle-Earth
- Former intel agency chief set to become the Netherlands’ next prime minister in hard right coalition
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Go Ahead, Let This Guide to Clint Eastwood's Family Make Your Day
- Congress Pushes Forward With Bill Expanding the Rights of Mining Companies on Federal Land
- New Mexico judge grants Mark Zuckerberg’s request to be dropped from child safety lawsuit
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Judge to consider recalling death sentence of man who killed 12-year-old Polly Klaas
Man who injured police officer during Capitol riot is sentenced to 5 years in prison
Former Mississippi teacher gets nearly 200 years for sexual abuse of former students
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Death penalty in the US: Which states still execute inmates, who has executed the most?
French security authorities foil a plan to attack soccer events during the 2024 Paris Olympics
Search resumes for mom, National Guard sergeant who vanished tubing in South Carolina