🚀 The Russian Ruble's rollercoaster ride continues! With the ruble heading towards 100 per dollar, Russia seems unbothered. Is there a master plan? 🤔
1. A weaker ruble might actually benefit the state budget with rising government expenditures next year. Kremlin officials are reportedly okay with this drop.
2. Sanctions and halted trades have worsened the ruble's value, especially against the Chinese yuan.
3. Inflation is soaring, but Russia's Central Bank might hike interest rates again to combat it.
Is this a strategic move or a financial freefall? Share your thoughts below! #Blockchain #CryptoNews