Remember how earlier this week all the “experts” declared that Russia collapses and the rouble is destroyed.
Remember how earlier this week all the “experts” declared that Russia collapses and the rouble is destroyed.
You realise that this graph shows how USD is gaining worth compared to the rubel?
This is what you actually wanted to show:
I think their point is that the sudden peak in the graph a few days ago was not the beginning of a much bigger increase
Go back to one or five years and it's even higher!
But note that that's how many rubles you can buy with a dollar. If that graph is high, it means the value of the dollar is high relative to the ruble. Reverse them and you'll see that the value of the ruble has been falling relative to the dollar.
Professional Russia Watcher here. Russia is on the brink of collapse because line went up and then down.