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The Economist = Menu Weekly edition Q Search v Finance & economics | 'Tis but a flesh wound Russia's economy is back on its feet A recession looms, but perhaps not a big one Getty Images May 7th 2022 < Share N EARLY APRIL we pointed to preliminary evidence that the Russian economy I was defying predictions of collapse, even as Western countries introduced unprecedented sanctions. Recent data further support this view. Helped along by capital controls and high interest rates, before Russia's invasion of Ukraine in late February (see top chart). Russia rouble is now as valuable as it was appears to be keeping up with payments of its foreign-currency bonds. The real economy is surprisingly resilient too. True, Russian consumer prices have risen by more than 10% since the beginning of the year, as the rouble's initial depreciation made imports more expensive and many Western companies

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Origin Entry: 2022 Russian Rubles Crash

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President Biden @POTUS * United States government official As a result of our unprecedented sanctions, the ruble was almost immediately reduced to rubble. The Russian economy is on track to be cut in half. It was ranked the 11th biggest economy in the world before this invasion – and soon, it will not even rank among the top 20. 11:10 PM - Mar 26, 2022 · The White House One month later: Putin Invades -80 84.5500 -90 USDRUB (inv) -36% Jan 31 Feb 14 2022 Jan 14 Feb 28 Mar 15 Har Low

The Russian rouble under Putin USD/RUB 0.050 0.045 Putin becomes president 0.040 0.035 0.030 0.025 After Russia invades Georgia 0.020 0.015 After Russia 0.010 anexxes Crimea 0.009 0.005 After Russia invades Ukraine 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 Source: Investina.com. 11.03.2022. EEAGLL

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2022 Russian Rubles Crash - The Economist: Russia's economy is back on its feet

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The Economist = Menu Weekly edition Q Search v Finance & economics | 'Tis but a flesh wound Russia's economy is back on its feet A recession looms, but perhaps not a big one Getty Images May 7th 2022 < Share N EARLY APRIL we pointed to preliminary evidence that the Russian economy I was defying predictions of collapse, even as Western countries introduced unprecedented sanctions. Recent data further support this view. Helped along by capital controls and high interest rates, before Russia's invasion of Ukraine in late February (see top chart). Russia rouble is now as valuable as it was appears to be keeping up with payments of its foreign-currency bonds. The real economy is surprisingly resilient too. True, Russian consumer prices have risen by more than 10% since the beginning of the year, as the rouble's initial depreciation made imports more expensive and many Western companies

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