On Monday, Russia's ruble had risen to its highest value against the USdollar since 2015 and economists have been discussing the issue. Economics
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says 'Don’t Ignore the Exchange Rate'
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015.
USD/RUB chart on June 21, 2022. One candle wick indicates the ruble spiked well above the 55.47 per dollar all-time high at the 155 range.his 146,000 subscribers that the “Russian economy is currently tanking, inflation is high, unemployment is going up, wages are going down, the GDP of the Russian economy is collapsing.
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