Kremlin blames loose monetary policy as rouble slides past 101 vs dollar.
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![Kremlin blames loose monetary policy as rouble slides past 101 vs dollar](https://lemmy.world/pictrs/image/38dff614-fe03-4fc5-bdfe-c6b45ae9e13d.jpeg?format=jpg&thumbnail=256)
reuters.com
President Vladimir Putin's economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia's monetary authorities.
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Seems like sanctions are working after all - I wonder why so many people always tried to tell a different story?
Nooo they dont work but please stop the sanctions even though they totally dont work
Love, Ivan Conscriptovich
Well they do have a lot of their own gas and oil, and everyone knows that gas and oil can be used to run an entire economy with no other inputs.