Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed

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Last week the Russian ruble hit a seven-year high against the U.S.dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.

A Fortune report explains that American citizens “don’t seem to be on board” with Biden’s decisions.

So this is bringing in a big current account surplus.Meanwhile, the U.S.and various Western corporations are doing everything they can to stifle the Russian economy.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Topics: War Economics Joe Biden Russian economy Ukraine Western Allies Central Bank Sanctions Ruble Ruble plunges Crude Oil Russia Ruble EU Tatiana Orlova NCR Interest rate Conflict Rouble Ukraine Invasion Gas Russia Ruble crash Diebold Nixdorf India Cut rate Russian sanctions Max Hess Ruble falls Poll Peace Talks Ruble strength Ruble Rises China Vladimir Putin Bank of Russia Economics OIL

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 19:30:37

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Reading Time: 5 minutes read

Article Length: 844 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 25912

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