Russia’s ruble is at its strongest in 7 years despite massive sanctions. Here’s why

A Russian one ruble coin and a Russian flag are seen on a screen in this multiple exposure illustrative photo taken on March 8, 2022 in Kraków, Poland. Jakub Porzycki | Nurphoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up around 1.3% from the previous day and the strongest … Read more

Russia’s ruble is at its strongest in 7 years despite massive sanctions. Here’s why

A Russian one ruble coin and a Russian flag are seen on a screen in this multiple exposure illustrative photo taken on March 8, 2022 in Kraków, Poland. Jakub Porzycki | Nurphoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up around 1.3% from the previous day and the strongest … Read more

Global markets are fueling ahead of a big week for central banks

A trader works on the floor of the New York Stock Exchange (NYSE) on June 1, 2022 in New York City. Brendan McDermid | Reuters LONDON – Global stock markets fall sharply after May’s US inflation figures reignited fears that central banks will be forced to aggressively tighten monetary policy. Friday’s much-anticipated CPI report came … Read more