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Reason for reducing Russian ruble ruble versus dollars?

New Russian ruble news

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The Russian ruble rate dropped against the US dollar. Experts determined that this happened due to the ceiling of oil prices in Western countries.

In the controversy of the two rubles of Russia and the dollar, according to economists in contrast to 2022, which was the best currency, its rate dropped to its last limit against the US dollar.

On August 14, the exchange rate of the ruble against the dollar decreased by a little more than 100 rubles per dollar, which seems that the problems of the ruble have worsened over the past few months.

Some experts announce the last reasons for rubles in Russia’s oil rate as the largest oil exporter of Western countries.

In this regard, some economists urged Western countries to lower the oil price ceiling.

According to reports, the decrease in the rate of the Russian ruble against the US dollar was the result of Western countries’ sanctions against Russia before the Ukraine-Russia war. On the other hand, some countries, such as Germany, have tried to exclude Russian oil, depriving Moscow of a source of income.

The Russian ruble has decreased against the US dollar, and this has made the Chinese unwilling to receive Russian rubles. If you have reasons for the fall of the ruble, please post in this news.

The ruble is the monetary unit of the Russian government. The decrease in the rate of this currency has caused problems for Russia in providing its budget due to the reasons reported in the above news.

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