Current:Home > InvestWhy a weak Ruble is good for Russia's budget but not Putin's image -InvestPioneer
Why a weak Ruble is good for Russia's budget but not Putin's image
View
Date:2025-04-12 22:26:43
Russia's Ruble is hovering 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! (8)
Related
- B.A. Parker is learning the banjo
- Exclusive: First look at 2024 PGA Tour schedule; 4 designated events to keep 36-hole cut
- Kate Chastain Says This Made Her Consider Returning to Below Deck
- Body seen along floating barrier Texas installed in the Rio Grande, Mexico says
- Sam Taylor
- The US government’s debt has been downgraded. Here’s what to know
- New heat wave in the South and West has 13 states under alerts
- Jonathan Majors' trial on assault and harassment charges begins in New York
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Police fatally shoot man while trying to arrest him at Wisconsin gas station
- Booksellers fear impending book selling restrictions in Texas
- DNA leads to true identity of woman at center of bizarre Mom-In-The-Box cold case in California
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- New heat wave in the South and West has 13 states under alerts
- How to check if a QR code is safe: With QR code scams popping up, what to look out for
- Swaths of the US are living through a brutal summer. It’s a climate wake-up call for many
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Booksellers fear impending book selling restrictions in Texas
Fitch downgraded U.S. debt, and the stock market slid. Here's what it means.
Kelly Ripa Recalls Daughter Lola Walking in On Her and Mark Consuelos Having Sex, Twice
Travis Hunter, the 2
Mortgage rates tick higher: 30-year, fixed home loan is at 6.90%; 15-year at 6.25%
A new EcoWarrior Barbie, supposedly from Mattel, drew headlines. It was a hoax.
Tire on Delta flight pops while landing in Atlanta, 1 person injured, airline says