Can Russia sustain its war effort as ruble plummets, inflation soars?
Can Russia sustain its war effort as ruble plummets, inflation soars?
kyivindependent.com Can Russia sustain its war effort as ruble plummets, inflation soars?
With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale invasion of Ukraine becomes glaring. Russia's expanding spending on the war has fueled inflation, prompting Russia's Central Bank to hike its interest rate to the highest le...