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Continued political turmoil in Russia has caused the value of the Russian Ruble to decline dramatically relative to other currencies. It hit a high of
Continued political turmoil in Russia has caused the value of the Russian Ruble to decline dramatically relative to other currencies. It hit a high of 143 Ruble per US Dollar in March, and is now down to 63 Ruble per USD. If the value of the Ruble continues to decline:
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Other currencies will lose buying power relative to the Ruble
The value of other currencies relative to the Ruble will grow weaker
The Ruble will appreciate relative to other currencies
The Ruble will lose buying power relative to other currencies
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