Russian ruble

They'll just suspend trading again, likely until trump lifts sanctions. Value can't fall if it can't be compared in the market.

They'll catch up over the next few months as we see a sharp decline in the value of the US dollar and Trump ending sanctions against them.

I know we all want to believe Russia's economy is way worse than ever and almost back in the stone age by now, but if you look at the long term, unfortunately it's not that dramatic...

More like russian rubble , amirite?

They're called low hanging fruit for a reason

I'll never understand how economies work, I just assume it's all imaginary money.

Maybe I should convert some freedom dollars to rubles and wait for the orange man to make them valuable again in the next few months....

uh oh

some truble

Fun fact: The ruble is worth only slightly more then shitcoin, I predict that soon it will overtake the ruble

What does it even matter if you can’t exchange it?

That's the official trading rate. The black market rate is 1 ruble for an empty snickers wrapper.

That is terRuble

Just a little bit lower and it will be cheaper than the toilet paper it's made from, as it should be.

Any indication of what changed?

It happened in 2022 and bounced back to 2 cents in just weeks. Trump comes back in weeks, I can see things looking better for Russia with Trump's presidency. I might be wrong, maybe the whole world is going to shit with Trump.

Holy shit 115 rubles per dollar?

That's like 0.0086 USD

Looks like BTC at this point haha

Is that more or less than the Roblox currency this time?

Prepare for trouble !

And make it ruble!

well I'm glad I didn't take action on my joke of "we should invest now while it's at 10 cents!" at the start of the war lol

It hasn't been anywhere near a US cent in many years.

haha

One time the homie showed me a meme of some stock performance charts and I just could not stop laughing

This would seem like insider trading related to nuclear retaliation decision (whether weak or strong) that has been made. I'm unaware of any economic news from Russia.

Sanctions in full effect.