Kremlin blames loose monetary policy as rouble slides past 101 vs dollar
www.reuters.com
Rouble has lost 25% of its value since the war began.

President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia’s monetary authorities.

  • Cleverdawny@lemm.eeEnglish
    61·
    1 year ago

    Ooooweee yeah if they’re attacking the bank for raising rates, and they drop those rates, I think we could see massive inflation in Russia soon.