Current:Home > MarketsWhy a weak Ruble is good for Russia's budget but not Putin's image -MoneyFlow Academy
Why a weak Ruble is good for Russia's budget but not Putin's image
View
Date:2025-04-18 16:44:16
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! (5122)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Dow hits record high as investors cheer Fed outlook on interest rates
- Experts at odds over result of UN climate talks in Dubai; ‘Historic,’ ‘pipsqueak’ or something else?
- With inflation down, people are talking rate cuts. The European Central Bank may say not so fast
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Congo’s presidential election spotlights the deadly crisis in the east that has displaced millions
- Federal Reserve leaves interest rate unchanged, but hints at cuts for 2024
- Discovery inside unearthed bottle would’ve shocked the scientist who buried it in 1879
- Stamford Road collision sends motorcyclist flying; driver arrested
- Paris Saint-Germain advances in tense finish to Champions League group. Porto also into round of 16
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 'Shameless': Reporters Without Borders rebukes X for claiming to support it
- Stocking Stuffers That Are So Cool & Useful You Just Have to Buy Them
- Endangered whale filmed swimming with beachgoers dies after stranding on sandbar
- Louvre will undergo expansion and restoration project, Macron says
- Busy Philipps recounts watching teen daughter have seizure over FaceTime
- Bernie Sanders: We can't allow the food and beverage industry to destroy our kids' health
- Naval officer jailed in Japan in deadly crash is transferred to US custody, his family says
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Former British soldier to stand trial over Bloody Sunday killings half a century ago
Rising stock markets around the world in 2023 have investors shouting ‘Hai’ and ‘Buy’
Fireworks on New Year's Eve send birds into a 'panicked state,' scientists discover
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Will the American Geophysical Union Cut All Ties With the Fossil Fuel Industry?
Amazon won’t have to pay hundreds of millions in back taxes after winning EU case
Endangered whale filmed swimming with beachgoers dies after stranding on sandbar