rubles Archives - Marketplace

The ruble recovers, at least on paper

by Sabri Ben-Achour

Apr 5, 2022

At one point, a ruble was worth a fraction of a penny. Demand for energy exports has helped, but Russia's economy is still in recession.

The ruble has bounced back from its sanctions-induced fall, but even with a stable currency, the Russian economy faces recession.

AFP via Getty Images

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