Quote Originally Posted by OUTLAW 09 View Post
With the de facto devaluing of the ruble current inflation rate is running about 41%.

Putin has about one week left tot make a critical decision as he cannot stop this spiral dance of fiscal death--go for a military victory in eastern Ukraine--- and risk even more sanctions or focus on his own economy?

No relief: Ruble takes another step down, to 53.17/$ and 66.28/euro

Ruble is following the exact drop rate as the price of oil---
It just keeps on falling---and Putin just stated it is good though for the economy?

Hard to follow the ruble today. New low is 53.4109 against the USD.