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War in Ukraine: Why the strong ruble is not a victory for Russia over Western sanctions

2022-05-25T04:11:45.959Z

After collapsing at the start of the conflict, the Russian currency has risen to its highest against the euro since 2015. But this surge remains a



It is a strong symbolic battle won by Vladimir Putin.

After falling by half at the start of the war against Ukraine, the ruble has recovered.

Better than that: at its highest against the euro since 2015, and against the dollar for four years, the ruble has become a key propaganda tool for Vladimir Putin.

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Source: leparis

All business articles on 2022-05-25

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