The Russian ruble is as crucial to Vladimir Putin's regime as his war on Ukraine is, says Princeton scholar
Putin's fixation on the ruble's strength stems from earlier Russian beliefs that the currency's standing signaled the country's geopolitical reputation, according to Pravilova.
But with today's Ukraine conflict, the Kremlin can't hide how the ruble is trading against other currencies and has pointed out the benefits of a weaker exchange rate, such as the boost to oil exports and government revenue, Pravilova said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Perspective | Russia’s ruble troubles are more than economicPerspective: Russia's ruble has been on a roller coaster since the country invaded Ukraine. But history shows us that its current plunge could threaten the stability of Vladimir Putin's regime.
Lire la suite »
Russian forces lash out indiscriminately as Ukraine increases military pressure on frontline townsIn the Ukrainian-held city of Orikihv, one of the last major population centers before this frontline, the prospect of Russian forces being pushed decisively back cannot come fast enough.
Lire la suite »
Ukraine intercepts Russia's latest missile barrage, putting a damper on Putin's 'Victory Day' paradeVladimir Putin presided over a toned-down parade in Moscow as his war effort in Ukraine cost him more troops and more missiles, with little to show.
Lire la suite »
During shrunken Victory Day parade, Putin says Ukraine war was 'unleashed' on RussiaRussia's Victory Day parade is meant to be a projection of President Vladimir Putin's military might. But this year, it was effectively the opposite.
Lire la suite »
During shrunken Victory Day parade, Putin says Ukraine war was 'unleashed' on RussiaRussia's Victory Day parade is meant to be a projection of President Vladimir Putin's military might. But this year, it was effectively the opposite.
Lire la suite »