Tag: ruble exchange rate

Russia Update: Ruble Rate to Dollar Plunges at News of Turkish Downing of Russian UAV

October 16, 2015

The news that the Turkish military has reportedly destroyed a Russian drone that intruded in its airspace has caused the ruble value to drop sharply again. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue is here. […]

Russian Economy Approaching ‘Perfect Storm’ — Oil at $25 a Barrel, Ruble at 125/$1 and Inflation at 30%

August 14, 2015

Staunton, August 14 – Vladislav Zhukovsky, an economist known for predicting disasters in the Russian economy and for then turning out to be right, says that the situation is more dire than almost anyone imagines because oil is heading to US $25 dollars a barrel, the ruble to 125 to the US dollar, and inflation […]