Ask HN: Why did Ruble stabilize and what's going on?
3 by helij | 0 comments on Hacker News.
Today the Ruble is worth more than 2 months ago before the Russian invasion of Ukraine. Can any economists chime in and explain why this is happening? Inflation in Russia looks to be high but similar to the one in Lithuania for example. Ukraine inflation is lower which in my dilettante view doesn't make sense. It looks like it's business as usual and war doesn't really have any impact on global economy at the moment. Prices were going up before Feb anyway. So what's going on?
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