Why Russia’s Currency is Declining

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After more than a year since the Russian invasion of Ukraine, the Russian ruble appears to be in decline. In this video, we take a look at how the waning impact of Putin’s monetary policies, global hydrocarbon prices, and the aftermath of Wagner’s attempted coup all contributed to the ruble’s 15-month low, as well as how this could affect Russian military funding on the battlefield.

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1 – https://twitter.com/maxseddon/status/1498615475726651396
2 – https://twitter.com/maxseddon/status/1498191628212879361
3 – https://www.bloomberg.com/news/articles/2023-07-05/mutiny-aftermath-jolts-ruble-as-43-5-billion-outflow-takes-toll
4 – https://www.theice.com/products/27996665/Dutch-TTF-Gas-Futures/data?marketId=5586285&span=3
5 – https://www.marketwatch.com/investing/future/brn00?countrycode=uk
6 – https://www.bloomberg.com/news/articles/2023-07-05/mutiny-aftermath-jolts-ruble-as-43-5-billion-outflow-takes-toll
7 – https://www.statista.com/statistics/276323/monthly-inflation-rate-in-russia/

0:00 – Introduction
1:02 – How the Ruble has Fared Since Putin’s Invasion
4:13 – The Ruble’s Collapse
7:04 – What Does This Mean?
7:40 – Sponsored Content

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