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Russian Central Bank to hold extraordinary meeting as rouble tumbles
(www.euronews.com)
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this post was submitted on 15 Aug 2023
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It's been worse. What did they do back in March 2022 to make it gain value? https://www.xe.com/currencycharts/?from=RUB&to=USD&view=5Y
They pulled a bunch of emergency levers then to stabilize the ruble (and the economy as a whole). Thing is, emergency levers are emergency levers. You can't just keep pulling them. It's been predicted for a while that Russia would not be able to prop up its economy forever.