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submitted 1 month ago by wildflower@lemmy.world to c/ukraine@sopuli.xyz

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

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[-] Buffalox@lemmy.world 8 points 1 month ago

Considering the hoops they've jumped to support it yes, but the rate was reasonably stable from August 2023 to September 2024.
But the "circus" started already February 2022, and since then Russia has used all sorts of tricks to keep the Ruble high.
Russia basically banned currency trading already back then, so it's been almost like the Soviet times since.