Ones and Tooze

Ruble Roulette

08.18.2023 - By Foreign PolicyPlay

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Are Western sanctions on Russia working? The Russian central bank raised interest rates by a dramatic 3.5 percent in the past week after the ruble dropped sharply—clear signs that the Russian economy is faltering. But in many ways, Moscow has defied expectations. Adam and Cameron explain how.

Also on the show: the economics of Niger.

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