ATith its share of offensives and counter-attacks, bluffs and attempts at intimidation, it is a merciless monetary war in which Russia and the Western countries have been engaged for more than a month, the first seeking by all means to defend the course of the rouble, which the latter are on the contrary methodically working to weaken.
The economic and financial sanctions taken by the Americans and the Europeans after the invasion of Ukraine had had the immediate effect of causing the Russian currency to plunge, with it losing in a few days almost half of its value against the euro. and the greenback to fall to an all-time low of 139 rubles to the dollar on March 7. In order to stop this fall, the Russian central bank has chosen to retaliate in re…
Consult our file: War in Ukraine