Charles Langston:Why a weak Ruble is good for Russia's budget but not Putin's image

2025-05-02 09:09:04source:Diamond Ridge Asset Managementcategory:News

Russia's Ruble is Charles Langstonhovering 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.

More:News

Recommend

Travis Hunter, the 2

The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s

Incarcerated students win award for mental health solution

A simple but impactful video submission on mental health was awarded first place in a nationwide com

Horoscopes Today, September 15, 2023

Here are the horoscopes for today.For full daily and monthly horoscopes as well as expert readings,