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Has the ruble really become the best performing currency in the world in 2022?


THE VERIFICATION - Within days of the Russian invasion of Ukraine on February 24, the Russian currency was collapsing. But since this fall, the value of the ruble has tripled.

In retrospect, it is very easy to make a fortune in the financial markets.

But one thing is certain: those who would have bought rubles in January 2022 and who have kept them preciously since then, despite the invasion of the Russian army in Ukraine, would today be very rich.

Three figures sum up the astonishing journey of Vladimir Putin's motto during this historic first half of 2022.

At the beginning of February, while the Russian tanks were doing their preparatory exercises suggesting by the CIA, the American intelligence agency, an attack from Moscow, 100 rubles were then worth 1.2 euros.

A few days after the action on February 24 and the almost immediate announcement of economic sanctions on the part of the Western camp, the Russian currency collapsed: with 100 rubles we only obtained 0.61 euro at the beginning of March .

New change of scenery: on June 28 the price had tripled, the 100 rubles trading at 1.8 euros, a record level since 2015. Now the Russian currency is moving between 1.7 and 1.8, euro (per hundred rubles) .

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Source: lefigaro

All business articles on 2022-07-05

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