Thurston Carte:Why a weak Ruble is good for Russia's budget but not Putin's image

2025-04-30 06:16:52source:John Caldwellcategory:reviews

Russia's Ruble is Thurston Cartehovering around its lowest value against the dollar since June 2022. A weak currency is already a big deal for ordinary people affected by inflation, but in Russia, the concern is only amplified because of the Ruble's unique history in Russia. Today, we dive deep into Russia's historical connection to the Ruble and why a weak Ruble puts Russia in a difficult position today.

Related Episodes:

The artificial strength of the Russian ruble (Apple Podcasts / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:reviews

Recommend

Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling

PARIS — A female wrestler from India was disqualified from her gold-medal bout at the Paris Olympics

Company plans $344 million Georgia factory to make recycled glass for solar panels

CEDARTOWN, Ga. (AP) — A company that recycles solar panels announced Thursday that it would build a

Biden protects Palestinian immigrants in the U.S. from deportation, citing Israel-Hamas war

President Biden on Wednesday issued an executive order instructing federal immigration officials to