Despite sanctions the ruble is stronger than before the war. Why?

Kit Knightly It’s official, as of right now the Russian ruble is worth more US dollars than before the invasion of Ukraine. On the 22nd of February this year, one US dollar would exchange for just over 79 rubles. As of the time of writing, it is now 78. The same is true of the … Continue reading Despite sanctions the ruble is stronger than before the war. Why?