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Ruble = rubble
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this post was submitted on 23 Nov 2024
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Keep in mind that the y-axis starts on 2.3. The hryvnia has "only" increase by about 8% compared to the ruble. Good to see, but it's a far cry from a collapse yet.
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.
Counterpoint, it's only been two weeks 🙃
Absolutely, the past 2 weeks were the really bad ones. I just went with the scale of the graph.