“The Russian Ruble is even collapsing against the Ukrainian Hyrivnia Food for thought.”

  • Buffalox@lemmy.world
    link
    fedilink
    arrow-up
    34
    arrow-down
    1
    ·
    edit-2
    5 days ago

    “only” increase by about 8% compared to the ruble.

    In 1 month, 8% is massive, especially since Russia has increased central bank interest rate to 21%. While Ukraine has lowered theirs from 16 to 13 this year.

      • Buffalox@lemmy.world
        link
        fedilink
        arrow-up
        10
        arrow-down
        1
        ·
        5 days ago

        Absolutely, the past 2 weeks were the really bad ones. I just went with the scale of the graph.