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Published 2 years ago

American Economists Are Baffled by an 'Unusual Situation' as Russia's Ruble Is the World's Best Performing Fiat Currency – Economics Bitcoin News

Summary by Ground News
The Russian ruble has recorded record highs against the eurozone's euro and the U.S. dollar. The increase in commodity prices has been attributed to the ruble's resiliency. American economists are baffled by the unusual situation because a country facing stiff sanctions typically sees its fiat currency decline in value.

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