The Russian ruble keeps falling without stopping!
11/19Russia protests the United States allowing Ukraine to use American-made missiles on Russian territory, and moves to revise its nuclear doctrine to relax nuclear weapons conditions; global financial markets see increased capital inflows into safe assets like U.S. Treasuries and gold. Meanwhile, the Russian ruble has surpassed 100 rubles per dollar since last October, showing no sign of a decline. Here is an analysis of Russia’s future course and its impact on the global economy.
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