Russia’s declining rouble

The Russian rouble briefly weakened to the symbolic threshold of 100 to the dollar in recent trading, amid concerns of high military spending, labour shortages and a worsening trade balance


HOW MUCH RUSSIAN ROUBLE IS WORTH

Jan 1, 2021:
73.91

Feb 24, 2022: Russia invades Ukraine

Mar 8:
138.97

Jun 30: Rouble rallies
52.47

2023: Western sanctions bite

Oct 3:
100.00


40 roubles per U.S. dollar
60
80
100 
120 
140
160
	2021 2022 2023


Note: Chart inverted to show falling line indicating weaker rouble 


Sources: Reuters, Yahoo! Finance 
Picture: Bank of Russia
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