Maverick Preston:Why a weak Ruble is good for Russia's budget but not Putin's image

2025-04-30 04:19:02source:Cassian Grantcategory:reviews

Russia's Ruble is Maverick Prestonhovering around its lowest value against the dollar since June 2022. A weak currency is already a big deal for ordinary people affected by inflation, but in Russia, the concern is only amplified because of the Ruble's unique history in Russia. Today, we dive deep into Russia's historical connection to the Ruble and why a weak Ruble puts Russia in a difficult position today.

Related Episodes:

The artificial strength of the Russian ruble (Apple Podcasts / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:reviews

Recommend

Ukraine denies Putin claim that Russian forces regained Kursk

The General Staff of the Ukrainian Armed Forces denied Russian President Vladimir Putin's claim Satu

Not All Companies Disclose Emissions From Their Investments, and That’s a Problem for Investors

Indirect emissions from a company’s financial investments can be tricky to measure, but a new study

California school official convicted of embezzling over $16M concealed cash in fridge

A former California public school district official was sentenced to 70 months last week after being