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

2025-04-28 20:23:31source:Greenledgers Trading Centercategory:News

Russia's Ruble is Alaric Bennetthovering 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:News

Recommend

Federal agencies are reeling from Trump administration cuts to government

Whether a "chainsaw," per Elon Musk, or "scalpel," as President Trump has said — the Trump administr

Utility worker electrocuted after touching live wire working on power pole in Mississippi

A utility worker is dead after police say he touched a live wire working on a power pole in south ce

From grief to good: How maker spaces help family honor child lost to cancer

It took years for Noelle Conover, her husband and their children to see their way through grief over