At the beginning of August, you could get 84 rubles for $1, today you can get 91 rubles for $1. It’s certainly not “cratering” per that hyperbolic headline, but it’s not an insignificant change, especially since the exchange rate had otherwise been on a downward trend since April.
At the beginning of August, you could get 84 rubles for $1, today you can get 91 rubles for $1. It’s certainly not “cratering” per that hyperbolic headline, but it’s not an insignificant change, especially since the exchange rate had otherwise been on a downward trend since April.